HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Fake scooter TV infomerci...
Introducing Discussionist: A new forum by the creators of DU

Mon Jan 14, 2013, 08:27 PM

Fake scooter TV infomercial took investors for a $1.9 million ride

The TV infomercial for the "Boomer Rider" looked pretty slick, and Keith Allen Mills told his investors he had $10 million in revenues, a big inventory of the electric mobility scooters and a way to make Medicare pay most of the cost for customers.

The sales pitch accompanied by the video persuaded 91 people from all around the country to invest more than $2 million with the Palm Beach County man's business, federal prosecutors said.

But it was all a ruse and Mills, 53, was just taking investors for a ride, court records show. He pleaded guilty to one count of wire fraud in October in federal court in West Palm Beach and admitted defrauding about $1.9 million from his investors.

The infomercial never aired on TV, Mills didn't have $10 million, he didn't have Medicare approval and he didn't have hundreds of the scooters he had four, his lawyer Valentin Rodriguez told U.S. District Judge Donald Middlebrooks at sentencing on Friday.

Mills did have a drug and alcohol abuse problem and he and his associates, one of whom since died, blew a lot of the money on a "lavish lifestyle", according to court documents.

http://www.sun-sentinel.com/news/palm-beach/fl-infomercial-scooters-fraud-20130111,0,1264766.story

1 replies, 578 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply Fake scooter TV infomercial took investors for a $1.9 million ride (Original post)
Tony_FLADEM Jan 2013 OP
RockaFowler Jan 2013 #1

Response to Tony_FLADEM (Original post)

Mon Jan 14, 2013, 08:37 PM

1. So many of these scams here in SoFla

We attract them here for some odd reason. A lot of gullible people who buy this crap here, too. Every other day there is a story about someone getting scammed by one thing or another.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread