Question: Did Enron have good cash flow? Answer: No. That was one of the signs that a fraud was occurring. In spite of financial statements that showed increasing revenue and profits, the company was constantly in a poor cash position. […]
One of Milwaukee’s largest Catholic churches is likely the victim of financial fraud at the hands of a now dismissed priest. Leaders at St. John Vianney in Brookfield are urging people not to rush to judgment and to wait until […]
Still writing a lot for AOL but having a good time doing it! Win some spending money at Comic Wonder – A very cool site started by local serial entrepreneurs. And you think YOUR kids are expensive? – The Duggars […]
This is outrageous! Touch of Pink Cosmetics is a company that buys excess inventory from current and former Mary Kay consultants and then resells it to their customers. They basically help these people who were frontloaded with tons of product, […]
Herbalife (NYSE: HLF) whistleblower says illegal acts likely responsible for region’s dramatic supervisor growth Herbalife (NYSE:HLF) executives identified Venezuela as a Top 10 market for the company in their May 2, 2008, conference call, and indeed, triple digit new supervisor […]
eBay is considering going “PayPal only” and is starting the policy in Australia in June. How do you suppose eBay users will react to this? I suspect not well. Not well at all. When eBay bought PayPal a couple of […]
Barb Bartlein’s article about my book, Essentials of Corporate Fraud, was featured on Networking Today last week. A big thank you to Barb for creating such great buzz about my book, and for help getting the word out about what […]
Judge Alba just ruled that Usana Health Sciences (NASDAQ: USNA) must pay the legal fees of Barry Minkow and Fraud Discovery Institute for its bogus lawsuit. $142,510 to be paid by Usana!
The Huffington Post ran a really nice story about the one and only Timothy Sykes today. Tim just rolled out a new website, which is kind of a portal for everything related to stock trading. Of course he peddles his […]
I did a post yesterday on WalletPop about LifeLock. They basically advertise services to protect you from identity thieves. When the service first was unveiled, I was intrigued. So much so, that I signed up to be an affiliate. (I […]
