Thursday, May 01, 2008

BioPerformance Pays Fine Returns as BPI Worldwide

Source: Npros.com

"A rep recently notified us that BioPerformance is back in business as BPI Worldwide. In 2007 BioPerformance and its ownders, Lowell Mims and Gustavo Romero, had assets frozen and were ordered to pay $7 million dollars in compensation to consumers and representatives. According to the press release from the Texas Attorney General, Mims and Romero may continue to operate any legitimate enterprise, but may not deceptively market BioPerformance pills or similar fuel additive products.

BPI Worldwide, now located in Salt Lake City, Utah, markets a Bio Petro Improver that is offered in a Pill or Powder form. The executive team and bios for the owners and executives is consistent with the information from the BioPerformance team and bios.

Texas Atorney General Press Rlease: AUSTIN - Texas Attorney General Greg Abbott today stopped a Dallas-based pyramid scheme from illegally marketing the so-called "top secret gas pill" that it falsely claimed would increase fuel efficiency in automobiles. The Attorney General's settlement with BioPerformance and its owners, Lowell Mims and Gustavo Romero, prevents the defendants from continuing to deceptively market their products and ends the State's eight-month legal action against the company.

A combination of the defendants' frozen assets and the dissolution of two trusts created by Mims and Romero will provide more than $7 million in compensation to deceived consumers. Mims and Romero may continue to operate any legitimate enterprise, but may not deceptively market BioPerformance pills or similar fuel additive products. "

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