• Surgeon is Being Sued for Medicare and Medicaid Fraud

    Oklahoma City hand surgeon Houshand Seradge is being accused of Medicare and Medicaid fraud, and the federal government is going after $40 million from him, his family, and his associates. A civil suit against Seradge alleges 6,400 false claims filed […]

  • Home buyers suing to get out of contracts

    The Wall Street Jouranl reports that home buyers who signed contracts when the market was hot are now trying to get out of them.? The buyers are claiming that they were scammed into homes they couldn’t afford or that they […]

  • Trademark Properties Is Back!

    Richard Davis and Trademark Properties are finally back with their new television show “The Real Deal.” The company was previously on A&E with their show Flip This House, but litigation put a stop to the show. A&E hired some really […]

  • Suing Short Sellers Who Publish Negative Reports

    Reuters published an interesting article about lawsuits against short sellers… like when Overstock sued Gradient Analytics and Rocker Partners. “Short sellers” profit when a company’s stock price goes down. Negative information about companies tends to send the stock price down, […]

  • The Patrick Awards

    While surfing the ‘net for interesting reads on Overstock.com CEO Patrick Byrne, I came across a post by Jeff Matthews, whose blog is “Jeff Matthews Is Not Making This Up.” Jeff came up with the “Patrick Awards.” The awards are […]

  • Is Overstock.com Misrepresenting Inventory?

    I’ve been taking a look at some of the inventory numbers in Overstock’s most recent 10-K. I have plenty to say about the issue, but thought it would be fun to raise just one question for now… The 2006 Overstock […]

  • Anti-fraud official accused of …. fraud

    Johnnie Frazier, the inspector general for the U.S. Department of Commerce, is being investigated by a congressional committee based upon allegations of fraud, waste, and abuse. Among the allegations: Bid rigging for friends – Arranging a $150,000 no-bid contract for […]

  • A Tale of Two Usanas

    A new report by Fraud Discovery Institute contrasts the two Usanas that exist. There is one Usana story told to potential distributors (make lots of money!) and a different story told to Wall Street (only 12% actually want to make […]

  • “Drunken Pirate” denied the degree she earned

    This has got to be “Education Fraud” or something… Stacy Snyder, a recent graduate of Millersville University has been denied her teaching certificate because of a picture of her posted on MySpace. What’s the content of that photo, you ask? […]

  • Interesting claims made by Usana distributors

    Recall a couple of weeks ago when Usana executives said on their quarterly earnings call that Usana distributors couldn’t lose money unless they bought vitamins and threw them in the garbage?Well a Usana distributors’ group that calls themselves Income for […]