The Federal Trade Commission plans to soon begin compensating customers who bought a controversial weight-loss book that landed infomercial pitchman Kevin Trudeau in prison.
The FTC will be mailing refund checks within 30 days to hundreds of thousands of people who bought into Trudeau’s false promises of shedding pounds while eating steak and ice cream.
Last summer, the FTC had put the number at more than 820,000, but further calculations showed that almost 1.27 million people had bought the book.
The money will come from the approximately $8 million in Trudeau assets recovered as of last summer by a court-appointed receiver after the so-called infomercial king failed to pay a penny of a whopping $37.6 million civil penalty levied by U.S. District Judge Robert Gettleman in 2007.
Have you ever bought something that was too good to be true?
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