Don Lapre Indicted for $52 Million Vitamin Scam
Don Lapre Indicted for $52 Million Vitamin
Scam
Donald Lapre, owner and pitchman for the company The Best Vitamin in the World, has reportedly been indicted for scamming thousands of people out of millions of dollars by selling them what were essentially worthless franchises in his company. The U.S Justice Department issued a 41-count indictment against the man, claiming that he sold useless, Internet-based businesses to more than 220,000 people.
According to the charges, Lapre advertised heavily on national television peddling his product, luring in unsuspecting people looking to buy the vitamins or start their own business. The charges against him range from mail fraud, conspiracy and wire fraud to promotional and transactional money laundering.
“Home based-business opportunities have a certain appeal, especially in today's economy,” commented Pete Zegarac, Inspector in Charge of the Phoenic Division of the U.S. Postal Inspection Service. “Consumers should be cautious of schemes which promise to bring in large amounts of money with little or no effort on their part.”
According to the indictment against Lapre, at one point he had enlisted more than 225,000 people to sell his “worthless” products through individual websites of their own. The charges also accuse Lapre of providing fraudulent documents detailing non-existent vitamin sales to investors in his company. Lapre also offered empty incentives to his scam victims, such as “each time you get 20 new people to try our vitamin, we send you a check for $1,000!”
According to the indictment, Lapre scammed nearly $52 million out of his victims over the course of the scam. He is scheduled to be arraigned June 22nd in a federal court in Phoenix before Magistrate Judge Lawrence O. Anderson. Prosecutors are asking those who were scammed by Lapre's vitamin business scheme to contact them by going to This Location.
Donald Lapre, owner and pitchman for the company The Best Vitamin in the World, has reportedly been indicted for scamming thousands of people out of millions of dollars by selling them what were essentially worthless franchises in his company. The U.S Justice Department issued a 41-count indictment against the man, claiming that he sold useless, Internet-based businesses to more than 220,000 people.
According to the charges, Lapre advertised heavily on national television peddling his product, luring in unsuspecting people looking to buy the vitamins or start their own business. The charges against him range from mail fraud, conspiracy and wire fraud to promotional and transactional money laundering.
“Home based-business opportunities have a certain appeal, especially in today's economy,” commented Pete Zegarac, Inspector in Charge of the Phoenic Division of the U.S. Postal Inspection Service. “Consumers should be cautious of schemes which promise to bring in large amounts of money with little or no effort on their part.”
According to the indictment against Lapre, at one point he had enlisted more than 225,000 people to sell his “worthless” products through individual websites of their own. The charges also accuse Lapre of providing fraudulent documents detailing non-existent vitamin sales to investors in his company. Lapre also offered empty incentives to his scam victims, such as “each time you get 20 new people to try our vitamin, we send you a check for $1,000!”
According to the indictment, Lapre scammed nearly $52 million out of his victims over the course of the scam. He is scheduled to be arraigned June 22nd in a federal court in Phoenix before Magistrate Judge Lawrence O. Anderson. Prosecutors are asking those who were scammed by Lapre's vitamin business scheme to contact them by going to This Location.
Comments
Top Stories
Latest DT's
-
1 month ago by Geno -
1 month ago by dallaseste
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
2 months ago by dallaseste
Top Authors
Subscribe
Games
Alias
3 Foot Ninja 2
ALIAS 2
Air Dodge
Battle Tanks
Bomber Bob
Cable Capers
Gem Mania
Hacker
Hostile Skies
Mission Mars
Bowling
Samurai Warrior
The Pharoh's Tomb
Monkey Lander
Muay Thai
Action
Donkey Kong Banana Barrage
501 Dart Challenge
Rooftop Skater
Zelda
Donkey Kong
Xtreme Pinball
Tetris
Connect 4
Battleships
Frogger
Penguin Push
Online Video Poker
Spank The Monkey
Mob Pay Back
Dealer
Yeti Sports Seal Bounce
Hold Your Drink Steady
Solitaire
Canyon Glider
3D Sudoku
Metal Slug Rampage
Street Fighter II
Flashman
Disc Golf
Table Tennis
Ninja Air Combat
Celebrity Hitman Terrorist Alert
Spider Solitaire
Tubin
Presidential Knockout
Global Player
Ma Balls
Baseball
Beckham Fit
0 Comments
Click here to sign up now.