• 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 […]

  • Usana Covers for Denis Waitley

    After Barry Minkow and Fraud Discovery Institute revealed earlier this week that Denis Waitley (board of directors for Usana) didn’t have the credentials he claimed, Usana is covering for him. They announced late today that he will be retiring, with […]

  • Thou Shall Not Steal – Except in Accounting Class

    Marquette students learn to detect fraud by thinking like crooks The Business Journal of Milwaukee By Jennifer Batog In a nondescript room on the third floor of Marquette University’s Straz Hall, a dozen students are learning how to steal. They’re […]

  • Three More Class Action Suits Against Usana on Thursday

    That’s four in one day!

  • Fraud Found at Dell?

    An “internal audit committee” at Dell Inc has found evidence of accounting errors and misconduct. The committee has been investigating accounting and financial reporting issues, which included examining historical earnings statements. A press release issued by Dell said the committee […]

  • Another Class Action Suit Against Usana

    The Law Firm of Goldman Scarlato & Karon, P.C. Announces Class Action Lawsuit Against USANA Health Sciences, Inc. CONSHOHOCKEN, Pa.– Goldman Scarlato & Karon, P.C., a law firm with offices in Pennsylvania and Ohio, announces that a lawsuit has been […]

  • Usana Director and Official Spokesman Has a “Secret”

    Note: This is important because the alleged credentials of Denis Waitley have been included in Usana’s SEC filings. SAN DIEGO, March 28, 2007 — An independent inquiry ordered by the Fraud Discovery Institute, Inc. (FDI) to look into the background […]