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Kevin Trudeau Net Worth

How rich is Kevin Trudeau?

Kevin Trudeau Net Worth:
-$37 Million

Birth date: February 6, 1963
Birth place: Lynn, Massachusetts, United States
Profession: Entrepreneur, Writer, Businessperson, Confidence artist, Author
Education: St. Mary's High School
Nationality: United States of America
Spouse: Natalie Babenko (m. 2008)
Albums: Mega Memory
Source: Wikipedia & Freebase

Kevin Trudeau biography:

Kevin Mark Trudeau is an American author, radio personality, infomercial host, salesman and convicted fraudster that has promoted various unsubstantiated health, diet and fiscal remedies. Lately his net worth has been estimated to be around -$37 million dollars. Kevin Trudeau is an author, radio personality and infomercial salesman. Several of his novels, including Natural Cures “They” Don’t Want You to Know About, allege that both the U.S. Food and Drug Administration and the pharmaceutical business worth gain over treatments or remedies. He’s currently incarcerated at Federal Prison Camp Montgomery, near Montgomery, Alabama, and is scheduled for release on July 18, 2022. In 2004, he settled that action, by agreeing to pay a $500,000 fine and accepting to a lifetime prohibition on marketing products other than his novels via infomercials.

He was born in Lynn, Massachusetts, February 6, 1963, the adopted son of Robert and Mary Trudeau. At St. Mary’s High School he was voted “Most Likely to Succeed” by the class of 1981. He is probably famous for using infomercials to pitch books that described dubious methods for curing disease naturally, losing weight and earning profits. On March 17, 2014, a federal judge in Chicago sentenced Kevin Trudeau to 10 years in prison for defrauding consumers with his infomercials and WEIGHT REDUCTION novels. Prosecutors in the case maintained that Kevin sold 850,000 copies of one his fraudulent weight loss books. That generated roughly $40 million in revenue for his business. Kevin, who maintains he’s broke, was additionally ordered to personally pay a $37 million judgement. In 2013, he was twice briefly jailed for continued failure to pay fines related to his conviction, pleading poverty while continuing to live a lavish lifestyle.
Kevin Mark Trudeau (born February 6, 1963) is an American author, radio personality, infomercial host, salesman and convicted fraudster that has boosted various unsubstantiated health, diet and fiscal remedies. Several of his books, including “Natural Cures “They” Don’t Want You to Know About”, allege that both the U.S. Food and Drug Administration and the pharmaceutical industry value profit over treatments or remedies. He’s presently incarcerated at Federal Prison Camp Montgomery, near Montgomery, Alabama, and is scheduled for release on July 18, 2022.

Trudeau’s actions have been the subject of both criminal and civil action. In 2004, he settled that measures, by agreeing to pay a $500,000 fine and consenting to a lifetime ban on marketing products other than his publications via infomercials. On November 29, 2011, the Seventh Circuit Court of Appeals upheld a $37.6 million fine imposed against him for breaking that 2004 settlement. Also, on remand, the district court changed its final order, requiring that he post a $2 million bond before participating in future infomercial advertising. In April 2013 he was reported to get filed for bankruptcy to prevent fines and stay further Federal prosecution. In September and October 2013, he was twice briefly jailed for ongoing failure to pay fines associated with his conviction, pleading poverty while continuing to live a lavish lifestyle. On March 17, 2014, Trudeau was sentenced to ten years in prison coming from his November 2013 criminal contempt conviction.

^ http://www.ftc.gov/opa/2008/10/trudeau.shtm
^ “FTC v. Trudeau”. Retrieved 22 August 2012.
^ Forward, Joe (Nov 30, 2011). “Infomercial master must reimburse $37.6 million for misleading consumers”. Recovered 5 December 2011.
^ Baynes, Terry; Jonathan Stempel (Nov 29, 2011). “TV pitchman Trudeau loses appeal of $37.6 million fine”. “Reuters”. Recovered 5 December 2011.
^ Coenen, Tracy (2013 04 15). “Kevin Trudeau Bankruptcy Filing”. Sequence, inc. Regained 2013 05 19.
^ Janssen, Kim (September 18, 2013). “Infomercial king Kevin Trudeau thrown in jail after lavish spending”. “Chicago Sun-Times”. Remembered September 19, 2013.
^ U.S. TV pitchman Trudeau found guilty of criminal contempt
^ http://abclocal.go.com/wls/story?section=news/local/chicago_news&id=9468958
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