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The Blog
Fraud Files BlogTracy Coenen2025-10-16T06:06:25-05:00
  • An average company wasted $1.7 million on SOX 404 Compliance last year

    Financial Executives International polled companies for the 7th year in a row to determine how much it costs to comply with Section 404 of the Sarbanes-Oxley Act. This year, they talked to 185 companies with average annual revenues of $4.7 […]

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  • My Articles From AOL’s Personal Finance Blog WalletPop

    A few of my masterpieces from this past week included… Are you lying to yourself about money? – Quit making excuses to spend money. You don’t have to lie about needing it. You don’t have to make up a reason […]

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  • Mary Kay Cosmetics: Destroying Half a Million Women a Year

    To many, my fight against Mary Kay Cosmetics is puzzling. Why would I want to waste my time with it? After all, they’re only selling lipstick. It’s a harmless company started by a little old lady 45 years ago who […]

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  • Goldman Sachs Says Lying by Executives is Trivial

    This week, Gregory Probert, Herbalife’s (NYSE:HLF) president and COO, resigned after being outed for lying about his credentials. Here’s what an analyst at Goldman Sachs had to say about the company after the resignation was announced:

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  • Tricks credit card companies play

    Ken and Daria Dolan had a really good post on WalletPop today about the tricks credit card companies play. Yes, they’re all legal. Yes, they’re all outlined in your credit card agreement. But they are a bit sneaky and can […]

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  • The Fraud of PrePaid Legal, Explained By a Former US Attorney

    PrePaid Legal boasts their “legal services plan.” The truth is that very few legal services are ever provided under the plan. If you have a criminal case, contrary to what you’ve been told, the plan is useless. You are told […]

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  • Herbalife President Gregory Probert Resigns

    Following last week’s damaging report by Fraud Discovery Institute and Barry Minkow that Herbalife LTD’s (NYSE:HLF) president and COO Gregory Probert lied about his credentials, Probert has resigned from the company, effective today. Media reports are cute. Instead of saying […]

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  • There’s simply NO MONEY IN THE BUDGET!!!

    Wisconsin is a tax hell, plain and simple. And if you live in the city of Milwaukee and actually hold a job and try to own a home, you are screwed even more. So naturally it comes as a surprise […]

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