David Del Dotto: David Del Dotto was a well-known infomercial genius who claimed to be a real estate investing guru. His tapes and books promised to help people learn how to get rich investing in real estate with little or no money down and with poor credit.

The package sold for $299 and sold thousands of copies all over the United States until his infomercials were stopped by the FTC.

In 1996 Del Dotto Enterprises, Inc. and David Del Dotto was sued by the Federal Trade Commission on charges that he made deceptive claims regarding his this set of books and audiotapes which claimed to offer cash flows that some secrets about purchasing real estate and getting credit to buy homes.

The FTC's major complaint was that Del Dotto claimed to have a money-back guarantee for anyone who purchased the program, however, he never disclosed that there were conditions for the refund. The FTC also said that Del Dotto made false claims regarding the amount of money that could be made with the program.

 

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In 1998 Del Dotto was once again sued by the Wisconsin State Bureau of Consumer Protection when he reappeared on infomercials selling a real estate course. When he was forced to halt the infomercials he reappeared selling products that weren't associated with real estate.

After Del Dotto was sued multiple times by various government and state agencies for repeated offenses and going against the 1996 FTC ruling that forbid he sell his real estate program, Del Dotto filed for personal bankruptcy and also filed bankruptcy on all of his businesses. Since then Del Dotto has been operating a lavish winery in California'a Napa Valley.

His real estate investing information is now considered to be outdated and many have claimed that some of the information provided in his cassettes and books are now illegal in real estate investing in many states.

Dave Del Dotto abandoned his real estate career and started his own wine making company somewhere in California.