Monday 3 October 2011

don lapre

Directed a federal grand jury Lapre infomercial pitchman without charges of fraud related to the promotion of the work of vitamin-selling, which has attracted more than 220,000 people who have invested more than $ 50 million for a chance to establish business with Internet-based.


Lapre was indicted on 41 charges of conspiracy, fraud and mail fraud, money laundering and promotional money laundering transactions. It is scheduled to be called next Wednesday in U.S. District Court in Phoenix.

Federal prosecutors say Lapre, 47 years, through fraud, investors trade on the Internet called the greatest vitamin in the world, which lured investors with the promise of easy money in exchange for a small investment upfront.
And the lawyer Lapre, and Tyrone Mitchell, and not comment on the case.

"We are still trying to gather all the information together," said Mitchell. "At this point, I have no comment."

Closure of the largest vitamin in the world down its office in the center of Central Park Avenue in the central United States in 2007 after the Postal Inspection Service is served on the business. Federal investigators also is served at home and Phoenix Lapre.

The indictment alleges that the greatest vitamin attracted 226,794 people who have invested in mostly "worthless" business opportunities in the period from 2003 to 2007.

Lapre and his company sought new customers through infomercials, phone calls and a web site. In exchange for a small fee in advance, given customers the opportunity to become "independent advertisers" who could earn a check of 1,000 dollars or more to get new customers to buy the vitamins through the sites allocated.

Was then sold to investors online advertising packages that cost up to $ 3495, which promised to drive traffic to their individuality. The indictment said in effect, customers received a "Most of the traffic is expensive," the dollar of their ads through pop-up ads and banner.

In all, investors spent more than $ 51.8 million and received $ 6.3 million just in the committees of the college. Lapre personally been paid at least $ 2.2 million of business from 2004 to 2007.

Federal charges carry the maximum penalty ranging from five years on charges of conspiring for 25 years in prison for wire fraud.

Stephen Barrett, a retired psychiatrist who wrote about the deal in Lapre infomercial on the Quackwatch website. Org, said the federal government has become more aggressive over the past two years in pursuit of health-related frauds.

"Often you get people like this, which will continue only if there is no criminal prosecution," said Barrett.

Has encouraged Lapre, a former house painter, many companies over the past two decades, and he had a golf once in a late-night TV satire on NBC's "Saturday Night on the air."

Lapre said Arizona Republic in the mid-1990s that he has achieved more than $ 40 million one year and sold more than 500,000 "money making" groups over a period of five years.

Agents came from the greatest vitamin in the world hundreds of complaints with the Better Business Bureau Phoenix, Arizona Office of the Attorney General, the Federal Trade Commission, and the Crime Complaint Center Internet and postal inspectors.

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