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Buyers of pitchman's bogus weight-loss book to get refunds

1 year 8 months 1 day ago Tuesday, February 16 2016 Feb 16, 2016 February 16, 2016 10:52 AM February 16, 2016 in News
Source: Associated Press
By: APNewsNow

CHICAGO - Federal authorities are poised to begin compensating customers who purchased a fraudulent weight-loss book from imprisoned infomercial pitchman Kevin Trudeau.

The Chicago Tribune reports that a Federal Trade Commission said in a court filing last week that it will start mailing refund checks within 30 days. It said almost 1.27 million people purchased the book.

Trudeau was sentenced in 2014 to a 10-year prison term after jurors agreed he bilked consumers through infomercials for "The Weight Loss Cure 'They' Don't Want You to Know About." Prosecutors say the book generated $39 million in revenue.

The refund money will come from about $8 million worth of Trudeau's assets that were recovered by a court-appointed receiver last summer.

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