• Red Cross rip-off

    The American Red Cross says this man, who identified himself as James H. Williams, stole $12,000 of debit cards which were meant to go to people who were victims of the June floods in Wisconsin. This picture is him using […]

  • Can You Make Money With Mary Kay?

    Over on my public awareness site Pink Truth, we’re often asked about whether someone can make money with Mary Kay Cosmetics. After all, they’ve got a product that you can retail, and you don’t really have to recruit, do you? […]

  • Identity Theft a Huge Problem for Small Businesses

    TheStreet.com By Lan Nguyen Identity theft is a multibillion-dollar problem affecting 8 million people a year. But experts say it isn’t just a consumer issue. In the thousands of cases prosecuted by the U.S. Secret Service in the past six […]

  • Where is Bradford Richardson?

    I feel like I’m playing Where’s Waldo… Does anyone know where Bradford Richardson went? He is the former VP of Asia Pacific for Usana Health Sciences, and he recently resigned. Rumor has it that he “went to work for a […]

  • One Accountant’s Argument Against IFRS

    Al Rosen, a forensic accountant and principal of Rosen & Associates in Toronto wrote about his opinion on IFRS (International Financial Reporting Standards) in Canadian Business magazine. The U.S. might be moving from GAAP (Generally Accepted Accounting Principles) to IFRS, […]

  • MonaVie: Scam or Not?

    The scheme: Typical multi-level marketing company, using the guise of “direct sales” to make the business look like a legitimate retail venture. The reality is that it’s nothing more than a recruiting scheme like Usana, Mary Kay, Arbonne, PrePaid Legal, […]

  • IRS Audit Red Flags

    I wrote a couple of posts on some common IRS audit red flags shortly after tax season ended and never finished the list. So here are a few more items that might cause the IRS to want to look at […]

  • The SEC Investigation of Overstock Was Because Patrick Byrne is Trying to Expose Corruption on Wall Street?

    That appears to be what Patrick Byrne is suggesting in this interview. The story keeps changing. At one point, Patrick said he and Overstock.com (NASDAQ:OSTK) weren’t really the target of the SEC investigation. Rather, the investigation was focused on others […]

  • Short Selling, Miscreants Ball, and Conspiracies… OH MY!

    On August 12, 2005, Patrick Byrne, CEO of Overstock.com (NASDAQ: OSTK) had a conference call he said was going to give information about the “August 11 lawsuit.” The transcript is 17 glorious pages of Byrne rambling about his conspiracy theories. […]

  • The IFRS Impact on Accounting Education in the U.S.

    A fellow AOL blogger, Victoria Erhart, wrote a fantastic piece on Bloggingstocks, GAAP vs. IFRS: New accounting rules could mean trouble.She looks at the problems that will surely come up if the U.S. switches to International Financial Reporting Standards (IFRS). […]