April 7, 2008

Feds Investigate Infomercial King Kevin Trudeau

You've seen Kevin Trudeau's ads on TV for everything from memory aid to weight loss to credit card debt reduction programs.  You'll probably be surprised to know that:

In 1991, Trudeau was convicted of credit card fraud in Massachusetts and spent 21 months in jail. In 1998, the FTC barred him from making false or unsubstantiated claims about any product. He paid a $500,000 fine. In 2003, the FTC filed a preliminary injunction against Trudeau for violating the 1998 order. Then in 2004, Trudeau was found in contempt of that injunction. He paid $2,000,000 to settle the case. He was also banned from making infomercials except in the case of books or other publications, as long as the infomercials were truthful.  Read the whole story . . .

 

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