Kevin Trudeau, an American entrepreneur, has a net worth of -$37 million.
Kevin Trudeau, who is an author, radio personality, and sales specialist, is also recognized for his writing and other pursuits.
The adopted son of Robert and Mary Trudeau, he was born in Lynn, Massachusetts on February 6, 1963.
At St. John’s.
The class of 1981 at Mary’s High School voted him as the most likely candidate to succeed.
He is most recognized for his use of infomercials to sell books promoting questionable natural remedies for disease cures, weight loss, and financial gain.
Kevin Trudeau was sentenced to 10 years in prison by a federal judge in Chicago on March 17, 2014, for deceiving consumers with his infomercials and weight loss books.
Kevin was accused by prosecutors of having sold 850,000 copies of one of his counterfeit weight-loss books.
The revenue generated by his company was estimated to be $40 million.
Kevin, who maintains that he is financially struggling, was directed to pay a $37 million judgement personally. He has faced numerous legal challenges in both criminal and civil cases.
He was found guilty of larceny and credit card fraud in the early 1990s.
He was also fined $500,000.
In 1998, he was accused of fabricating claims to deceive consumers in his infomercials.
He was prohibited from promoting products other than his books on infomercials in 2004.
Trudeau ignored the court order and continued to air his commercials 32,000 times, which was remarkable.
Trudeau’s involvement with Nutrition for Life, a multi-level marketing firm, resulted in additional legal disputes.
The Attorney General of Illinois ultimately determined that the company was a pyramid scheme.
Kevin is the founder of the International Pool Tour.
The IPT has produced some of the most significant prizes in the history of billiards.
The prize money of the tournament held in Reno, Nevada in 2006 was not returned by the IPT.