Authorities charge head of MX Factors with fraud

Posted on September 12th, 2007

Another fraud busted by Barry Minkow, this one a pyramid scheme called MX Factors. The head of MX Factors was charged with federal crimes initially uncovered by Minkow and his Fraud Discovery Institute. Current target of an informal SEC investigation, Usana Health Sciences, hopes that Minkow has no credibility. It looks like they’re dead wrong.

read more | digg story

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