Tuesday, August 30, 2005

Ex-Con Hits Pay Dirt

Ex-con hits pay dirt with best-selling cure-all book
Critics say many of author’s claims are misleading
(San Francisco Chronicle)
In the early ‘90s, he served two years in federal prison for credit card fraud. He was later sued by the Illinois attorney general over an alleged pyramid marketing scheme, and he has tangled twice with the Federal Trade Commission over claims that he made in infomercials for various alternative remedies.

[…]

Trudeau has amassed millions from producing infomercials and from direct sales of products. Promotional materials he used in the mid-‘90s boasted of a net worth of more than $200 million. Today, Trudeau says he does not know how much money he has, but it is “probably a lot.” He said he owned 10 cars and dozens of houses and condominiums around the world.

Clearly, you and I are in the wrong business.

No comments: