Similar Stories to Missing Alameda Man Owes $113 Million In Federal Judgment on Bing News

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.

BING NEWS:
  • Commentary: More than 2 million workers are missing. Who are they, and how are they affecting the economy?
    Based on that monthly difference, 2.3 million missing workers could cost the federal government $116 billion a year in lost revenues and additional welfare spending. That net loss assumes that the ...
    04/27/2024 - 1:00 pm | View Link
  • Missing man has been found, Lowell police say
    Police in Lowell, Massachusetts, say a missing man has been located. Authorities said the man had last been seen around 6 p.m. Wednesday near the Lowell-Dracut-Tyngsborough State Forest.
    04/24/2024 - 1:00 pm | View Link
  • Klimt portrait missing for nearly a century sold for $32 million
    A portrait by Gustav Klimt that was unseen for almost a century has sold for $32 million – the bottom end of its pre-auction estimate. The “Portrait of Fräulein Lieser,” thought to be one ...
    04/24/2024 - 5:32 am | View Link
  • Federal judge orders Alameda County to review death penalty cases
    The Alameda County District Attorney's office was ordered by a federal judge to review more than 30 death penalty cases after Black and Jewish jurors were purposefully excluded in the conviction of a ...
    04/22/2024 - 11:00 pm | View Link
  • Federal judge finds ‘strong evidence’ Alameda County prosecutors deliberately kept Black and Jewish people off juries
    The finding has broad and far-reaching implications regarding old convictions in the Alameda County justice system.
    04/22/2024 - 6:03 pm | View Link
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