Don Lapre Net Worth is$10 Million
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Date of Birth: May 1964
Don Lapre was an American TV pitchman and had a net worth of $10 million. Don Lapre earned his net worth from multi-level marketing and infomercial salesman. His work involved product packages such as "The Greatest Vitamin in the World" and "Making Money Secrets". He called himself "The King of Infomercials" on his website. He gained notoriety from his numerous late night advertisements, including "Making Money From A Tiny One Bedroom Apartment," where he claimed he made $50,000 a week from his small apartment. He once held the title of being the King of Classified Ads. In 1990s he and his wife started a credit repair business called Unknown Concepts. In 1992, he began broadcasting The Making Money Show with Don Lapre, which told that viewers could make money as easily as he had. The Food and Drug Administration warned him 2005 and 2006 about claims his vitamins were intended as a drug for diseases such as diabetes, stroke, heart disease, insomnia, cancer, and arthritis. On June 8, 2011, he was indicted by a federal grand jury in Phoenix, Arizona, on accusations of running a nationwide scheme to sell worthless Internet businesses. He was accused of tricking at least 220,000 people with worthless Internet-based businesses mostly revolving around a pyramid scheme to sell vitamins that did not provide the health benefits he claimed. He was charged with 41 counts of conspiracy, mail fraud, wire fraud, promotional money laundering, and transactional money laundering. He failed to appear at his arraignment on June 22, 2011 and a federal judge issued a bench warrant for him. On June 27, 2011, Lapre was arrested in Tempe, Arizona. He died in custody from an apparent suicide on October 2, 2011. Don Lapre was born on May 19, 1964 in Providence, Rhode Island. He is survived by his wife Sally and their two children.
Donald D. "Don" Lapre (May 19, 1964 - October 2, 2011) was an American TV pitchman. He became a multi-level marketing and infomercial salesman. His work involved product packages such as "The Greatest Vitamin in the World" and "Making Money Secrets".
Lapre was criticized as selling questionable business plans that often did not work for his clients. In June 2011, Lapre was charged with 41 counts of conspiracy, mail fraud, wire fraud, and promotional money laundering related to his Internet businesses. He was arrested on June 24, 2011, for failing to appear in court to face these charges. On October 2, 2011, Lapre died of an apparent suicide while awaiting trial in federal custody.
A high-school dropout, in 1990 Lapre and his wife started a credit repair business called Unknown Concepts. Lapre then began selling a 36-page booklet explaining how to recover a Federal Housing Administration insurance refund after paying off a home mortgage. He also began offering "900" phone lines. On TV infomercials in the early-mid 1990s, he claimed that by placing "tiny classified ads" in newspapers he was "able to make $50,000 a week from [his] tiny one-bedroom apartment".
In 1992, Lapre began broadcasting The Making Money Show with Don Lapre, which suggested that viewers could make money as easily as he had. For several years the show was ranked among the ten most frequently broadcast cable television infomercials. The principal product was Lapre's "Money Making Secrets", a package of booklets, tapes, and common-sense tips for placing ads and operating a 900-number business. The product was sold through "New Strategies", whose parent company was Tropical Beaches.
In 2005, the Food and Drug Administration (FDA) warned Lapre about claims his vitamins were intended as a drug for diseases such as diabetes, stroke, heart disease, insomnia, cancer, and arthritis. The FDA stated "Your products are not generally recognized as safe and effective for the above referenced conditio

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Don Lapre Latest News

Embattled 'King of Infomercials' Don Lapre 'slit his own throat with a razor' in Arizona jail cell

TV pitchman Don Lapre died from a self-inflicted razor blade wound to the neck, according to new reports. The U.S. Marshals Service confirmed Lapre, the self-proclaimed 'King of Infomercials,' was found dead in an apparent suicide while in federal custody ...
Posted: October 5, 2011, 4:35 pm

INSIDE STORY: Infomercial King Don Lapre's High-Octane Life – and Shocking Suicide

For “King of Infomercials” Don Lapre, life had looked as upbeat as his high-energy TV ads for moneymaking kits. Married with two daughters, the charismatic go-getter’s website boasts about his “3 best friends :-)” – his two daughters and wife ...
Posted: October 15, 2011, 9:00 am

Arizona TV Pitchman Found Dead in Cell Days Before $52M Fraud Trial

FLORENCE, Ariz. – Embattled Arizona TV pitchman Don Lapre was found dead in his jail cell Sunday morning, myFOXphoenix.com reported, citing law enforcement sources. Lapre was being held in federal jail without bond, awaiting trial on charges of ...
Posted: October 2, 2011, 7:36 pm
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