Pitchman in contempt for not paying $37M fine
CHICAGO – A federal judge has found author and infomercial pitchman Kevin Trudeau in contempt of court for failing to pay a more than $37 million fine imposed over misleading ads for one of his wildly popular weight-loss books.
Friday’s ruling was the latest round in more than a decade of legal battles that began with a suit filed by the Federal Trade Commission.
The regulatory agency alleged some of Trudeau’s infomercials included false and misleading statements about his books.
A federal judge in Chicago agreed and ordered him to stop. Then in 2007, Judge Robert Gettleman fined Trudeau $37.6 million for violating the order.
On Friday, Gettleman said Trudeau failed to pay and ordered him to transfer ownership of companies and financial accounts to a court-appointed receiver. Gettleman found him in contempt, opting not to give him jail time out of concern that those hurt by his actions would never get compensated.
He likened Trudeau to a puppet master in control of a vast network being used to keep his assets hidden and suggested that without his cooperation there would be no way to get at that money.
“Mr. Trudeau is a puppet master who has a lot of strings out there and I’m not sure he can pull those strings from jail,” Gettleman said, according to WMAQ-TV.