I’m no fan of multi-level marketing companies (MLMs), and Amway – Quixtar – Alticor is the mother of all MLMs. Amway Corporation was founded in 1959 by Rich DeVos and Jay Van Andel. It was originally called Ja-Ri Corporation, and […]
As the panic continues about the “subprime mortgage crisis,” pressure has been put on regulators to do something to stop mortgage fraud. The “crisis” has been blamed largely on corrupt mortgage brokers, and so last week the Federal Reserve adopted […]
I’m willing to bet it went something like this!
Anyone with an ounce of brains is well aware that Barack Obama has not one accomplishment to his name, not one thing that qualifies him to be President of the United States. These voters help demonstrate it…
Career politician Elizabeth Coggs (what happened to the Coggs-Jones?), who apparently has never had a real job, is crying about the compensation at her part-time job… Milwaukee County Supervisor. I’m not kidding… These are part-time jobs. And for her part-time […]
In the past, I’ve discussed the improper EBITDA numbers reported by Overstock.com (NASDAQ:OSTK). It comes as no surprise that the con game continues with Overstock’s latest reported numbers. The SEC rules are very simple. “EBITDA” refers to a specific calculation, […]
I just got back from the annual Fraud Conference put on by the Association of Certified Fraud Examiners. We were in Boston, and as usual, the sessions were fabulous. In terms of the sessions I had, this was the best […]
Yesterday Fox Business interviewed Joe Wikert, a blogger and Vice President and Executive Publisher at John Wiley & Sons (the company that published my book!) Take a look at what Joe has to say below. I agree with him – […]
Written by QuixtarIsACult Have you ever had an invite from a friend, associate, or a stranger that left you in the lurch wondering just what the invite was all about? Maybe, just out of the blue, an old acquaintance that […]
Another letter opposing the FTC’s Business Opportunity Rule was submitted by MLM attorney Gerry Nehra. His problem in this letter? The fact that there are many companies that would have to comply with the rule and the FTC cited the […]
