• Article on Barry Minkow’s Herbalife Investigation

    Yesterday the Los Angeles Business Journal did a feature article on Barry Minkow and his investigation of Herbalife (NYSE:HLF) and other multi-level marketing companies. A few snippets from the article, Minkow Targeting Supplement Maker: Former fraudster hectors Herbalife:

  • No Profitability to “Maintain” at Overstock.com

    Sam Antar pointed out this hilarious directive that Patrick Byrne and Overstock.com (NASDAQ:OSTK) received in 2002 from the SEC. (Note that the company has still never had a profitable year. Ever.) From Overstock.com S-1 filed on 03/05/02: “We have grown […]

  • Overstock.com is Doing Better if EBITDA is Worse Than They Reported?

    This level of logic from the supporters of Patrick Byrne and his supporters is pathetic. Sam Antar has brought up the issue of Overstock.com’s (NASDAQ:OSTK) violation of SEC regulations in reporting EBITDA. The result of that improper reporting? EBITDA is […]

  • Own a Business? Be Vigilant, Thieves are Lurking

    Las Vegas Sun By Abigail GoldmanNevada’s corporate filing practices part of problem Richard M. Krawczyk is an expert in idle corporations, dusty businesses sitting on shelves in the secretary of state’s office, maturing like fine wine, waiting for someone to […]

  • Last week’s articles from WalletPop on AOL

    Business tip: Turn your competitor into a collaborator – The story of DHL using UPS to transport some of their packages has a valuable lesson for business owners. Cautionary tale: Even a gansta rapper needs homeowner’s insurance – Baby momma […]

  • Auditor reveals how risky mortgages were allowed to go through

    NPR featured a story on Tracy Warren, an auditor at Watterson-Prime, a quality control contractor who reviewed subprime loans for investment banks before they were sold on Wall Street. (The biggest client of Watterson-Prime? Bear Stearns.) She has over 25 […]

  • Dennis Troha’s fools

    Dennis Troha has to be laughing at all the idiots involved in his schemes. Troha is the wealthy businessman who was a financial backer for a Menominee Indian casino project through his entity, Kenesah Gaming Development. He was indicted in […]

  • Data security article featured on AllBusiness.com

    My article on data security problems is being featured on AllBusiness.com, as the site focuses on business security this week. It should come as no surprise that online security concerns are expected to rise this year as the number of […]

  • Anatomy of a Fraud Investigation Gone Wrong

    Written by Tracy L. Coenen, CPA, CFF White-Collar Crime Fighter The following is all true – from a case that I worked on. Everything this company did is very common. However, this case is especially instructive by virtue of the […]

  • Body Worlds Exhibit Controversy

    This week, I finally went to see the Body Worlds exhibit at the Milwaukee Public Museum. The exhibit has been here since January, but I procrastinated. This is the last weekend it’s running, and the museum is staying open 24 […]