I issued a very short report for the Fraud Discovery Institute about the “75% savings” issue that Usana repeatedly presents in its marketing sessions. The claim has been made for years that the network marketing method of distribution creates this […]
I found this item on the California Tax Attorney Blog. Robert L. Schulz and his companies We the People Foundation for Constitutional Education Inc., and We the People Congress Inc. have been sued to stop a tax scheme estimated to […]
Bankrate.com has an excellent article about this little-known type of fraud called synthetic identity fraud. This is really interesting. In true identity fraud, an individual’s personal information is used without her or his knowledge or consent to open new credit […]
Amid misconduct charges, Paul Wolfowitz, the president of World Bank has resigned. It is alleged that he used his position and influence to garner a large promotion and pay package for his girlfriend Shaha Riza. The board of World Bank […]
This is latest in a series of posts on a Yahoo message board by an alleged insider at Usana Health Sciences. Previous posts can be found here, here, here, here, and here. Tonight’s post:
Tyco International Ltd. has agreed to pay almost $3 billion to settle shareholder lawsuits; this is the fourth larges securities class-action settlement. As part of the settlement, the shareholders also get the right to pursue accounting malpractice claims against Tyco […]
I just know that someday I will want to re-read this, so I figured why not cut and paste from the Overstock.com message board on Investor Village. You never know when a pertinent message will disappear forever. Why CEO Patrick […]
As I’ve already mentioned, Gary Weiss did a great piece about the weekend rantings of Overstock CEO Patrick Byrne. I finally got a chance to get back over there and read the comments, this one by Jeff Matthews is hilarious. […]
An alleged insider at Usana Health Sciences has been posting messages on a Yahoo board. The messages have a fair amount of detail. In my opinion, they sound credible. But who knows. Here is the latest:
Gary Weiss has a great post detailing the weekend’s events with Patrick Byrne, CEO of Overstock. Gary’s comments include: