A federal judge found TV pitchman Kevin Trudeau in contempt of court Friday for failing to pay a multimillion-dollar fine stemming from fraudulent infomercials and ordered him to transfer all of his hidden assets to a court-appointed receiver or risk going to jail.
The Federal Trade Commission had asked U.S. District Judge Robert Gettleman to lock up Trudeau immediately and force him to reveal an allegedly complex network of overseas bank accounts and obscure companies set up in far-flung havens from Europe to the Caribbean.
In ruling from the bench, Gettleman likened the smooth-talking Trudeau to a puppet master holding strings that needed to be pulled in order to find the money.
“And I’m not sure he can pull those strings from a jailhouse cell,” the judge said.
“It’s just one lie after the other after the other,” Gettleman said. “… It’s time for this to end.”
Look up scammer in the dictionary and I think Trudeau’s picture is there. Recall that his legal troubles were costing him so he declared bankruptcy but how was he still doing so well? The FTC believes the money has been shuffled off and hidden so they can’t access it but HE still can. Sneaky. One thing you can give him, he’s a smart guy. He may manage to weasel out of this tight corner. He’s not going to jail. Yet.
Trudeau is best known for his books and informercials such as “Mega Memory” audio tapes, a non-surgical face lift product, coral calcium supplement and the Natural Cures, Weight Loss Cure, Debt Cures and Money-Making Secrets “They” Don’t Want You to Know About. Ugh. All I want to know is how to get this guy away from scamming the public for keeps.