• No Surprise: MPS is Cutting Teachers Because of Out-Of-Control Employee Costs

    Yesterday it was reported that Milwaukee Public Schools is cutting 684 jobs, which includes 260 teachers. The reason? Out-of-control employee costs, thanks to the teachers’ union. The first thing you’ll hear is how the district doesn’t have money, and more […]

  • Marquette Alumni Awards video

    Last weekend I took part in an amazing celebration at my alma mater, Marquette University. I was honored with the Entrepreneurial Award from the College of Business Administration. I am grateful to my family for making that education possible for […]

  • Medifast Lawsuit: Anti-SLAPP Motions Filed

    UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]

  • A Comparison of Medifast and Pre-Paid Legal

    UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]

  • Medifast Changes Auditors: Was Barry Minkow Right When He Criticized Former Auditors?

    UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]

  • Medifast Lawyers Continue to Lie to the Court

    UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]

  • Ex-Con Now Walks a Financial Tightrope

    Cary Spivak – Milwaukee Journal Sentinel The latest business plan at the lofty-sounding Fraud Discovery Institute seems invincible: Gather negative information about a company, place a bet that the price will decline by selling its stock short, and then publish […]

  • Daughter Turns in Mom in Tri Energy Ponzi Scheme

    More than two years ago, I mentioned here a news story about a Ponzi scheme called Tri Energy Inc. The Securities and Exchange Commission first took action against the company in 2005: The Securities and Exchange Commission yesterday obtained a […]

  • Koss Fraud: Unrecorded Revenue?

    How does a company with about $40 million in annual revenue fall victim to a $31 million (or more) fraud by the VP of Finance? Simply, Koss Corp. gave Sue Sachdeva the keys to the castle. She apparently ran the […]