Monday, March 17, 2014

Scammer Kevin Trudeau Gets 10 years in Prison

Kevin Trudeau was sentenced to 10 years for bilking consumers through his TV infomercials.

Judge Ronald Guzman handed down a 10-year prison sentence at Monday's federal hearing.

Defense lawyers had argued the 50-year-old from suburban Chicago should serve less than two years for his criminal-contempt conviction. However, Judge Guzman delivered a sentence duration recommended by the prosecution.
In a scathing filing last week, prosecutors called Trudeau "an unrepentant ... huckster" and said they could think of no comparable case of someone cheating people so brazenly. The defense called the characterization "overblown and unfair."

In November, jurors convicted Trudeau for defying a court order barring him from running infomercials that made false claims about his book, "The Weight Loss Cure They Don't Want You to Know About."

Prosecutors say he aired the infomercials anyway, at least 32,000 times.

In a similar fashion, Kelly G Rogers reached an agreed settlement with the SEC back in 2007. Yet, unrepentant, he continued to offer and sell fraudulent securities to unsuspecting investors.

Let's see if Rogers gets a similar sentence as the "Huckster" Trudeau received. We can only keep our fingers crossed.

1 comment:

Anonymous said...

Woweee ! If you go to the link above and click on any of these names you can see how many OTHER companies are there among them all at the EXACT SAME ADDRESS - 5300 Town and Country Blvd, Ste 150, Frisco TX!
And who is this Haase person? Have not heard of him yet. And what's with all these companies at the EXACT SAME ADDRESS among them? Probably are there a lot of opportunities to escape to another geographicle area or another country if the feds come knocking again. They all 3 own a LOT of companies between them. A lot of interesting sounding companies too. So if it is the same exact address are they all partners in business?