Lipoban, which sold for about $60 per bottle, was marketed as miracle weight supplement that actually absorbs fat. Frank Sarcona of West Palm Beach made about $10 million on Lipoban, and millions more on other weight loss, diet and health supplement products.
Instead of losing weight, Lipoban buyers simply lost their money… and scammer Frank Sarcona has now lost his freedom.
The 58-year-old Frank Sarcona was convicted of 29 felony counts regarding his “Lipoban” product
According to a CBS4 story:
“A West Palm Beach man who promised miracle weight supplement in a bottle has been sentenced to two decades in federal prison.
Last October, 58-year-old Frank Sarcona was convicted of more info
29 felony counts regarding his “Lipoban” product which purported to absorb fat.
“Sarcona had faced up to 33 years in prison, but during a sentencing hearing on Friday, Judge Kenneth Marra showed leniency with a 20 year sentence. Sarcona’s attorney has vowed to appeal it.
“Though Sarcona made about $10 million on Lipoban, and millions more on other products, his attorney argued he didn’t financially ruin any victims. Lipoban cost about $60 a bottle.
“Sarcona has received up to 13 state or federal cease-and-desist orders since 1984. He allegedly formed Lipoban just months after cutting a deal with the Federal Trade Commission regarding another supplement.”
HAVE YOU LOST MONEY ON A WEIGHT LOSS SUPPLEMENT OR FAT ABSORPTION SCAM LIKE LIPOBAN? SHARE A COMMENT BELOW.