Conflict of interest for Medifast auditors?
Last week Barry Minkow and Fraud Discovery Institute released a report regarding the independence of the auditors of Medifast Inc. (NYSE:MED). The company is audited by Bagell, Josephs, Levine & Company. The audit partner happens to also be a part of BJL Wealth Management, an investment firm with the same address as the audit firm.
This [...]
False disclosures to the SEC by Interoil (NYSE:IOC)
Last week, white collar crime fighter Sam Antar reported on interesting false disclosures to the Securities and Exchange Commission by Interoil (NYSE:IOC). The situation is amusing, to say the least, and here’s the heart of it…
Interoil has a history of lots of stock and debt offerings. In May 2008, the company did a $95 million [...]
Will United First Financial refund your money?
There is plenty of criticism here of United First Financial, Ufirst Financial, UFF, Money Merge Account, MMA, or whatever Google likes…
One of the arguments UFF supporters always seem to throw out is the “money back guarantee” that UFF gives. I’ve been critical of this guarantee here, because I think it’s next to impossible for anyone [...]
Wisconsin politicians screwing taxpayers one dollar at a time
Wisconsin has been drunk on taxing and spending for a long time. We easily rank in the top ten (or higher) states when it comes to the tax burden. There is no tax our politicians don’t love.
There are three reasons why it’s so easy to increase taxes and create new taxes here:
Milwaukee Public Schools spending more next year
Despite the misleading, fraudulent headling in the Milwaukee Journal Sentinel today, the truth is that Milwaukee Public Schools will be spending more taxpayer money next school year. JSOnline reported: “MPS cuts spending, spends stimulus.” The truth is that MPS is not cutting spending, it’s increasing spending.
Last year’s budget was $1.2 billion. The budget for this [...]
Buying a job with Haverhill Home Staging? Questionable.
Do-it-yourself home renovation projects are still all the rage, years after shows like TLC’s Trading Spaces became popular. No doubt the economy has also influenced people to try to increase the value of their real estate for little or no cost. People are decorating and selling their homes themselves. And they’re having fun doing it.
And [...]
