David "Dave" P. Del Dotto is a former real estate investor who sold a course he called the "Cash Flow System" through infomercials on late night television in the 1980s and early 1990s. In addition to his Cash Flow System course Dave also wrote a book, How to Make Nothing but Money, that is no longer in print.[1]
Infomercial career
Del Dotto often shot his infomercials from locations in Hawaii with his students. As a self-proclaimed expert, he would give advice on real estate investment. Del Dotto had associates sell his book and tape programs to audiences throughout the US and Canada. Those who bought the course would be invited to a weekend seminar. At the weekend events several additional speakers would sell their financial educational material, which usually included books and audio and video courses.[2]
Legal trouble
In February 1995 the Federal Trade Commission filed suit against Del Dotto. In 1996 Dave settled for $200,000 charges that he and his companies had made "allegedly deceptive claims" in marketing his books and audio tapes on real estate investment.[3]
Current career
Since 1993 Del Dotto has been producing wine at Del Dotto Vineyards in Napa, California.[4]
External links
References
- ^ Amazon.com: How to Make Nothing but Money: Discovering Your Hidden Opportunities for Wealth: Books: Dave Del Dotto
- ^ John T. Reed's view of various real estate investment gurus
- ^ Del Dotto Enterprises, Inc
- ^ "Del Dotto History" (PDF). Del Dotto Vineyards. Retrieved on 2008-02-24.
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