Posted on 06/17/2011 4:47:09 AM PDT by iowamark
Renowned TV pitchman Don Lapre has been arrested on charges that he defrauded more than 200,000 people of nearly $52million.
The frontman, known for his emphatic salesman's style, has been indicted by a grand jury in Phoenix, after being accused of running a nationwide scheme to sell worthless Internet-based businesses to fans.
The charges carry potential fines of between $250,000 and $500,00 per count and federal prison terms of between five and 25 years.
Lapre is accused of overseeing and promoting the opportunity through his often mocked company 'The Greatest Vitamin in the World'.
The company recruited hundreds of thousands of people to start up web-based businesses selling vitamins under the premise that it would provide support and marketing through expensive ads.
Investors who bought into Lapre's Greatest Vitamin business model, however, were allegedly misled as the company tried to get them to purchase additional advertising and other services.
Federal prosecutors say Donald Lapre is charged with 41 counts of conspiracy, mail fraud, wire fraud and promotional money laundering. He's accused of overseeing and promoting the opportunity through his company...
(Excerpt) Read more at dailymail.co.uk ...
'That's how I generated over $50,000 a week out of my one bedroom apartment"
Don Lapre""
Sounds just like Amway.
Don Lapre will be defended by the Dewey, Cheatem & Howe law firm.
Good, and I hope they bust that ex-con Trudeau guy again too...the guy that sells the books.
Have you ever read one of his books?
From what I can tell, most of his work outside of vitamins is a sham. The vitamins and foods to eat are pretty much plagiarized, The guy’s poodle is off it’s noodle, but I have tried a couple of things and they do work. Of course could have found them somewhere else if I was looking.
The guy who does crack me up is the dude with all the question marks on his jacket, hawking his book for free government money. I could sum that one up in a few words. If you are a white Christian male with a job, don’t bother applying.
weasel boy
Is it a queen size bed? How many roommates?
I've never thought of a prison cell as "one bedroon". Does it also have full bath, kitchenette and living room, with a lovely view of San Francisco Bay? Does it have a deeded parking space?
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