Throw Kevin Trudeau back in jail for hiding assets, feds say
by KIM JANSSEN Federal Courts Reporter October 15, 2013 8:44PM
Kevin Trudeau leaves federal court in Chicago in 2010. | Sun-Times files
Updated: November 17, 2013 6:34AM
For someone who says he’s broke, Kevin Trudeau sure owns some fancy cuff links, the feds say.
The white-gold, diamond cuff links from swiss watchmaker Patek Philippe cost the silver-tongued infomercial king and convicted fraudster $12,500, they say.
Then there’s the overseas bookie’s account containing 73,000 Swiss francs; the Australian bank account containing $141,000; $100,000 worth of gold bars; his wife’s new apartment in Ukraine, and the unaccounted-for millions passing through businesses he controls, they say.
The latest allegations of Trudeau’s wild spending sprees and attempts to hide his wealth are contained in government court filings that aim to have the smooth-talking 50-year-old Oak Brook resident thrown back in jail on Wednesday.
For five years, Trudeau has failed to pay a single cent of a $38 million fine U.S. District Judge Robert Gettleman imposed on him for flouting a court-ordered ban on making false claims in his diet book infomercials.
Though he was until recently driving a $340,000 Bentley, employing two chefs and was caught spending on luxuries including $180 Vidal Sassoon haircuts and $1,000 worth of fine meats, he continues to insist he is “penniless and homeless” and can’t pay the fine. His lawyers say he’s being unfairly targeted by the “shrill” complaints of the Federal Trade Commission.
The cuff links were “women’s cuff links” belonging to Trudeau’s wife, they say, adding that he has done everything he can to help a court-appointed receiver to get to the bottom of his complicated international web of businesses and accounts. They say its impossible for Trudeau to prove a negative — that he isn’t hiding assets.
Jailed for a single night by Gettleman last month for failing to come clean, Trudeau is now fighting for his freedom on two fronts: In addition to the FTC’s efforts to have Gettleman lock him up again, he’s also due to stand trial next month before Judge Ronald Guzman on criminal contempt charges connected to his diet book claims.
This time the receiver is joining the calls for Trudeau to be thrown back behind bars.
“Coercive sanctions appear to be the only remaining means of inducing Trudeau’s full disclosure,” receivers Robb Evans & Associates wrote in a filing ahead of Wednesday’s hearing.
Gettleman, who last month said he found it “pretty hard to swallow” Trudeau’s claims he is broke, previously warned he would keep Trudeau on a “short leash” and jail him again if he didn’t start cooperating.
Trudeau’s long-standing legal difficulties stem from his book, “The Weight-Loss Cure ‘They’ Don’t Want You to Know About,” which he falsely advertised as giving “easy” solutions to weight loss.