In a stunning release of previously undisclosed information, the ]Fraud Discovery Institute (FDI) released today documented evidence that the entire Usana Health Sciences, Inc. (Nasdaq:USNA) Medical Advisory Board secretly owns large independent Usana multi-level marketing distributorships. “The company presents their […]
Tim Montgomery, the Olympic sprinter who had his world record erased after the BALCO steroid scandal, pleaded guilty Monday to conspiracy to fraud. The $5 million bank fraud scheme involved depositing stolen, counterfeit, and altered checks into banks over three […]
NEW YORK, April 11, 2007 — Harwood Feffer LLP today announced that a class action suit has been commenced on behalf of all persons who purchased the common stock of USANA Health Services Inc. (Nasdaq:USNA) (“USANA” or the “Company”) between […]
I’ve heard it before… that since 9/11 all the federal law enforcement officers are working on “Homeland Security” and don’t have time to look at white collar crime. I don’t profess to know the inner workings of all these agencies, […]
Wal-Mart fired security engineer Bruce Gabbard in March, but now executives fear that he took with him secret information about “Project Red.” Gabbard was fired for taping phone calls between a Wal-Mart executive and a New York Times reporter. Project […]
Sam Antar is warning people about getting in the way of Overstock CEO Patrick Byrne, as it seems those who have questioned his business operations and ethics have had some mighty interesting stuff to contend with. In a recent blog […]
Following the indictment of an owner of multiple Jackson-Hewitt franchise locations, Jackson-Hewitt has hired former IRS Commissioner Fred Goldberg to conduct an internal review. Goldbert is a partner at law firm Skadden, Arps, Slate, Meagher & Flom LLP in Washington […]
Gina Wooten, a paralegal in Georgia has been indicted on federal charges of bank fraud and theft of government funds. She is accused of forging signatures on federal bankruptcy checks, as well as stealing offical checks from the bankruptcy trustee. […]
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 […]
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 […]
