Associated Press reports on Usana credential scandal
More of a short seller conspiracy? Or can we put that silly idea to rest now that the Associated Press is reporting on the Usana Health Sciences credential scandal?
Paul Foy, AP Business Writer reports that “another” executive at Usana “has been forced to revise his credentials.” The story goes on to explain:
Gil Fuller, Usana’s senior vice president and chief financial officer, has been described as a certified public accountant but let his license to practice public accounting lapse in 1986, long before he joined the company.
Utah authorities are investigating because state law doesn’t let people call themselves a CPA unless they renew their license periodically with proof of continuing education credits.
Naturally, Gil Fuller is sticking by his story that it was a teensy-weensy mistake and that some sort of semantics makes his statement that he’s a CPA correct:
Fuller told The Associated Press he didn’t mean to mislead anybody and that he had listed his CPA title as part of a biography in annual reports and proxy statements.
“I say Gil Fuller is a CPA. That is in my view an accurate statement,” Fuller said Tuesday. “I should have gone on to say I let my license to practice public accounting expire.”
Fuller said he took out a license in 1970 and by 1986 let it expire for other career pursuits. He joined Usana in 1996.
“My view is it’s a tempest in a teapot, but we’re happy to respond,” he said.
The story says Fuller is the fourth Usana person to “have to revise his resume,” with the remainder of the list including Ladd McNamara, Denis Waitley, and Timothy Wood.
Do you think Usana is going to continue with its strategy of “move along, nothing to see here…”???
