• The beginning of the end for Vonage?

    A judge has ruled that Vonage Holdings Corp. has to stop signing up new customers on April 12! Vonage has been relying on quick growth in adding customers (currently at 2.2 million) to try to become profitable. It hasn’t happened […]

  • Blogger explains McGee (Jackson) recall election win

    James T. Harris blogged today about the reason that a total failure like Michael McGee (Jackson) could win this week’s recall election with 46% of the vote. His words are profound. In his post Recall Vote Affirms Failure, he says […]

  • BloggingStocks Sees Through Usana

    Zac Bissonnette at AOL’s BloggingStocks nailed it on Usana’s conference call yesterday! He easily pointed out that none of the analysts asked any tough questions and everyone accepted Usana’s “move along, nothing to see here” explanation about all the fraud […]

  • Possible Changes to Sarbanes-Oxley Within the Next Year

    The Securities and Exchange Commission voted in favor of four staff recommendations to work with the Public Company Accounting Oversight Board (PCAOB) to help change Sarbanes-Oxley. Currently, Sarbanes-Oxley requires companies to monitor and test internal controls over financial reporting. (Notice […]

  • Milwaukee Voters Are Idiots

    There. I said it. They had their chance to recall our criminal alderman, and what do they do? Vote the fool back into office. Are you kidding me? Michael McGee (Jackson), the man who promotes lawlessness, illegally has two social […]

  • Fraud charges against owner of Jackson Hewitt franchises

    On Tuesday, the U.S. Justice Department filed civil injunctions against five Jackson Hewitt franchises, including the corporations that operate the franchises and 24 people who work at those franchises. The corporations in question operate over 125 Hackson Hewitt locations in […]

  • Stockbroker pleads guilty to money laundering

    John Burch, a former stockbroker with Wachovia Securities, has pleaded guilty to federal charges of laundering over $300,000 received through bribery and racketeering. Burch opened multiple brokerage accounts during 2001, 2002, and 2003 to launder criminal proceeds from Milt Morris. […]

  • Have You Been Taken by Mortgage Fraud?

    I read a great post on the Bankruptcy Law Network. Of course, their example is exactly like a situation someone recently brought to my attention. Jonathan Ginsberg writes the following: Here’s how one version of a classic mortgage fraud scheme […]

  • Wall Street Journal story reveals another Usana executive with falsified credentials

    A story in the Wall Street Journal on Saturday reported on the Denis Waitley credential problem, as well as another Usana executive with credential problems. After trading closed on Friday, Usana announced that director Waitley was stepping down after an […]

  • BetOnSports founder and fugitive arrested in the Domincan Republic

    Gary Stephen Kaplan, the founder of BetOnSports PLC, was arrested on Wednesday in the Dominican Republic. He was sent from there to Puerto Rico to appear before a magistrate, and will soon be sent to St. Louis. Kaplan has been […]