TLP: Not Even Billy Mays Would Believe This One

Tuesday, October 04, 2011 , , 5 Comments

lapre dead
Seems like Donald Lapre had spent enough time in one-room apartments.

AP via HuffPost:
A U.S. Marshals Service spokesman says a Phoenix-based TV pitchman charged with running a nationwide scheme to sell essentially worthless Internet-based businesses has died in an apparent suicide while in federal custody.

Spokesman Matt Hershey says Donald Lapre was found dead in his cell at a Florence facility Sunday morning. His trial was scheduled to begin Tuesday.

Hershey says the death remains under investigation.

A grand jury indicted Lapre in June on 41 counts of conspiracy, mail fraud, wire fraud and promotional money laundering. He was accused of overseeing and promoting the opportunity through his company called "The Greatest Vitamin in the World."

The government says at least 220,000 victims in the scheme were defrauded of nearly $52 million.
The whole Donald Lapre scheme always seemed hard to believe. You know, making a living from "tiny classified ads" and all. Also hard to believe they weren't keeping an eye on him a little better behind bars. He was a little high-strung to begin with, if his teevee gig was any indication, and he tried to run when they came for him. Strange all the way around.

The Lazy Paperboy

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.

5 comments:

Lanna said...

Jr Deputy Accountant,

I've been following this over on anti-scam blog saltydroid.info, which posted about Lapre's upcoming trial a couple days before his death.

I would never blame individual victims for falling for these scams, but I can't shake the idea that if there wasn't market demand for get-rich-quick schemes then these guys wouldn't prosper.

Can you explain the market economics behind get-rich-quick scams?

Anonymous said...

Can you explain the market economics behind get-rich-quick scams?

this might be of some help in explaining

Perfect.

And thanks, I obviously was too lazy to respond. I was even too lazy to tell Lanna that JDA didn't write the post. Pitiful.

Anonymous said...

no, don't trouble yourself... don't get up.... stay comfy... just keep your socked feet up on the ottoman and I'll go see who's at the door...

Again, perfect.

Ratty slippers are about all I can manage when my feet are up.