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Missing Alameda man owes $113 million in federal judgment
SFGATE ^ | Friday, February 12, 2016 | Rachel Swan

Posted on 02/13/2016 1:40:22 AM PST by This_far

A 73-year-old man who mysteriously vanished Tuesday is facing a $113 million judgment from the Federal Trade Commission over a get-rich-quick infomercial scam.

John Nelson Beck of Alameda was the man behind John Beck Amazing Profits LLC, which put out infomercials marketing “John Beck’s Free & Clear Real Estate System.” According to court filings, the infomercials falsely told consumers that they could easily make massive amounts of money by buying homes at government tax sale auctions and immediately flipping or renting them.

(Excerpt) Read more at sfgate.com ...


TOPICS: Heated Discussion
KEYWORDS: newdonors
I on the other hand, will DOUBLE any new donors contribution(s) to the current Freepathon!

[up to a combined total of $300 that is, I gotta have some fine print too ya know]

Just put/add 'NEW DONOR' (I trust ya)

1 posted on 02/13/2016 1:40:23 AM PST by This_far
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To: This_far

Sounds a lot like Trump with Trump “University” and pimping ACN as “better than real estate”.


2 posted on 02/13/2016 2:03:48 AM PST by Above My Pay Grade (Donald Trump: New York City Liberal)
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To: This_far

Sham wow.


3 posted on 02/13/2016 2:11:39 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: This_far

Probably now resides at a retirement community in Tahiti. His next door neighbor is Elvis


4 posted on 02/13/2016 2:29:58 AM PST by BigEdLB (Take it Easy, Chuck. I'm Not Taking it Back -- Donald Trump)
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To: This_far
"He’s not a devious person."

Other than that massive fraud scheme he orchestrated that resulted in a $113m judgment against him.

5 posted on 02/13/2016 3:16:16 AM PST by KevinB (Barack Obama: Our first black, gay, Kenyan, Socialist, Muslim president!)
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To: SkyPilot

He went out the back Jack.


6 posted on 02/13/2016 4:41:20 AM PST by refermech
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To: This_far

Is that you, Richard?


7 posted on 02/13/2016 4:46:00 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

Another Hillary donor and support doing the pert walk


8 posted on 02/13/2016 6:32:07 AM PST by Kozy
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To: This_far
John Beck Amazing Profits LLC

Who wouldn't trust a company with a name like that?!

9 posted on 02/13/2016 7:31:58 AM PST by Moltke
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To: Moltke

He really needed to call himself “Honest John” to boost his credibility. :=)


10 posted on 02/13/2016 7:37:10 AM PST by Bob (No, being a US Senator and the Secretary of State are not accomplishments; they're jobs.)
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To: MeneMeneTekelUpharsin

Not now Mom, I’m working


11 posted on 02/13/2016 3:37:08 PM PST by This_far
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