top of page

DoTERRA with Melissa Group

Public·13 members
Samuel Gomez
Samuel Gomez

Hustler Usa – April 1990



In the early 1990s, Trudeau was convicted of larceny and credit card fraud. In 2007, he was accused of grossly misrepresenting the contents of his book, The Weight-Loss Cure "They" Don't Want You to Know About. In a 2004 settlement, he agreed to pay a $500,000 fine and cease marketing all products except his books, which are protected under the First Amendment.[1] However, in 2011, he was fined $37.6 million for violating the 2004 settlement, and ordered to post a $2 million bond before engaging in any future infomercial advertising.[2][3][4]




Hustler Usa – April 1990



After high school Trudeau became a used car salesman, then joined the seminar circuit, selling memory improvement techniques. In 1990 he pleaded guilty to depositing $80,000 in worthless checks and impersonating a physician, but served, he said, fewer than 30 days. In 1991, he pleaded guilty to 11 counts of credit card fraud and spent two years in federal prison.[14]


In 2005, Trudeau founded the International Pool Tour (IPT). His goal was to transform billiards into a "major league" sport with aggressive promotion and the largest purses ever offered.[56] The initial three events in 2005 and early 2006 were successful, but at the fourth, the IPT World Open tournament in Reno, Nevada, promoters announced that they did not have sufficient funds on hand to cover the purse. Winners were assured that they would receive their prizes in small installments, but most were never paid. The Reno fiasco marked the demise not only of IPT but of professional pool competitions as a whole. As one commentator put it, "The pool hustler wasn't murdered by any single suspect, but the last man holding the knife was Kevin Trudeau."[57]


Trudeau was convicted of fraud and larceny in the early 1990s.[63] The FTC has sued him repeatedly and keeps an extensive record of its conflicts with him.[64] A court order currently restricts his ability to promote and sell any product or service; however, he is permitted to promote books and other publications due to free-speech protection under the First Amendment as long as they are not used to promote or sell products or services and do not contain misrepresentations.[18][19] On November 19, 2007, a court found Trudeau in contempt of that court order for making deceptive claims about his book The Weight Loss Cure "They" Don't Want You to Know About.[58][65] In August 2008, he was fined more than $5 million[66] and banned from infomercials for three years for continuing to make fraudulent claims pertaining to the book. The amount of the monetary damages was later increased to $37 million.[67]


In 1990, Trudeau posed as a doctor in order to deposit $80,000 in false checks, and in 1991, he pleaded guilty to larceny. That same year, Trudeau faced federal charges of credit card fraud after he stole the names and Social Security numbers[13] of eleven customers of a mega memory product and charged $122,735.68 on their credit cards.[68] He spent two years in federal prison because of this conviction.[51] Later, in an interview, he explained his crimes as:


Trudeau began working for Nutrition For Life, a multi-level marketing program, in the mid-1990s. In 1996, his recruitment practices were cited by the states of Illinois and Michigan, as well as the U.S. Securities and Exchange Commission. Illinois sued Trudeau and Jules Leib, his partner, accusing them of operating an illegal pyramid scheme. They settled with Illinois and seven other states for $185,000 after agreeing to change their tactics. Michigan forbade him from operating in the state.[14][15][16][17] A class action lawsuit was filed by stockholders of Nutrition for Life for violations of Texas law, including misrepresenting and/or omitting material information about Nutrition for Life International, Inc.'s business. In August 1997, the company paid $2 million in cash to common stockholders and holders of warrants during the class period to settle the case. The company also paid the plaintiffs' attorney fees of $600,000.[69] 041b061a72


About

Welcome to the group! You can connect with other members, ge...

Members

bottom of page