Don Lapre
You might be
most familiar with Don Lapre from "The Making Money Show with
Don Lapre," which promised you that you would be as rich as he
is by paying to follow his advice.
His show was
ranked among the ten most frequently broadcasted cable
television infomercials for a few years in a row. Don Lapre
entered the infomercial scene in the 1990's with fire and
enthusiasm selling his "Making Money" program that sold for
$60.00. Don's infomercials described how he became a
millionaire by placing hundreds of "tiny little ads" in
newspapers. He taught you to place ads in newspapers until you
find one that would actually turn a profit (no matter how
little) and then multiply that profit by the number of
newspapers you would submit it to across the country. Don also
advocated the use of your own 900 number to make money 24 hours
a day even while you slept.
I don't doubt
that Don Lapre's system did work in the past, but I think it is
too outdated to fully invest your time and money into now. It
seems to be the old fashion equivalent of placing pay-per-click
ads on websites and duplicating the ads that work for other
sites. If it were 1991 I would tell you to invest with him, but
since the idea has evolved, I am going to advise against it.
Not to mention, Don got crooked.
Don Lapre's
operation was run out of Arizona, where he got into trouble for
not paying unemployment and taxes in 1993 and 1994. He was
forced to pay the State $45,000. After launching a dating
service and meeting his wife, he had to declare bankruptcy only
two moths later. His filing listed assets of $9 million and
liabilities of $12.5 million.
His reputation
started to worsen when he and his wife opened a credit repair
business called Unknown Concepts, which led potential customers
to believe that they could acquire credit cards and other
benefits but merely presented contact information about
companies that might provide them with those
cards.
Soon later Don
Lapre began selling a 36-page booklet explaining how to recover
a Federal Home Association. In 1997, the Internal Revenue
Service issued a lien of $957,909.49 against Don and Sally
Lapre for failing to pay delinquent taxes. He just wouldn't
learn.
Most
recently, Don Lapre made his success pushing vitamins.
His business The Greatest Vitamin in the World got a lot
of public attention. I was interested in it during its
first years of exposure in the early 2000's and involved
myself with his affiliate program. It started out strong
for a few months but hit a plateau right when he was all
over the news. The FDA shamed Don for making false claims
on his vitamins' abilities. He would say things like
"Nothing like this has ever been seen before in the
history of the world!" As soon as my money stopped, I
pulled out of his affiliate program. I had good timing
too because in January 2008 his websites become
non-operational and all of his affiliates were left out
to dry.
It is obvious to
see that Don
Lapre has a
history of doing dirty business and he is not a stable
enough person for you to invest in. He was successful for a
while and did make some people some money, but his
irrational mistakes kept shutting him
down.
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