:rofl:
The man is a "peach"
Criminal history and legal proceedings
1990-1991: Larceny and credit card fraud
In 1990, Trudeau posed as a doctor in order to deposit $80,000 in false checks, and in 1991 he pled guilty to larceny. Trudeau had used the credit cards of eleven customers of the mega memory product to fraudulently charge approximately $122,735.68.<11> He spent two years in federal prison because of this conviction (Choi, 2005). Later, in his book Natural Cures, Trudeau claimed that he has since learned from his experience, and is now motivated to help people rather than merely to make money for himself.<7>
1996: SEC and various states
Trudeau began working for Nutrition For Life, a multi-level marketing program in the mid-90s. However, in 1996, his recruitment practices were cited by the states of Illinois and Michigan, as well as the U.S. Securities and Exchange Commission. Illinois sued Trudeau and Jules Leib, who was his partner, accusing them of operating an illegal pyramid scheme. They settled with Illinois and seven other states for $185,000 after agreeing to change their tactics. Michigan forbade him from operating in the state.<7><8><9><10> A class action lawsuit was filed by stockholders of Nutrition for Life for violations of Texas law including misrepresenting and/or omitting material information about NFLI's business. In August 1997, the company paid $2 million in cash to common stockholders and holders of warrants during the class period to settle the case. The company also paid the plaintiffs attorney fees of $600,000 <12>
1998: FTC fine
In 1998, Trudeau was fined $500,000 to be used for consumer redress by the FTC, relating to six infomercials he had produced and in which the FTC determined he had made false or misleading claims. These infomercials included "Hair Farming", "Mega Memory System," "Addiction Breaking System," "Action Reading," "Eden's Secret," and "Mega Reading."<13><14> The products included a "hair farming system" that was supposed to "finally end baldness in the human race," and "a breakthrough that in 60 seconds can eliminate" addictions, discovered when a certain "Dr. Callahan" was "studying quantum physics." <7><15>