• Sharon’s Wig Salon Warning

    Are you considering doing business with Sharon’s Wig Salon in Brookfield, Wisconsin? Think again. Here is a brain tumor patient’s horrific experience with owner Sharon Heyden. It is bad enough that Sharon and her employee treated Alison Ziebell (a mother […]

  • Mandatory Auditor Rotation is Dead

    Almost two years ago, I wrote about a PCAOB proposal that would require companies to rotate auditors every 5 to 10 years.  The theory was that forcing companies to change auditors regularly would make audits better, because fresh eyes on […]

  • The Truth About the Airport Body Scanners

    A former Transportation Security Administration (TSA) Agent confesses… that what you experience in airports is nothing but security theater. The TSA agent reveals how the body scanners don’t work: Our instructor [on the Rapiscan Systems full body scanner] was a […]

  • Are All Multi-Level Marketing Companies Pyramid Schemes?

    Recently Robert FitzPatrick of Pyramid Scheme Alert sent out a newsletter that included a discussion of the issue of whether all multi-level marketing companies are pyramid schemes. MLMs are frequently accused of being pyramid schemes, as we see has been […]

  • Tim Grittani, Fellow Marquette Alumnus, Makes $1 Million Trading Penny Stocks

    Tim Grittani, a student in the Timothy Sykes Millionaire Trading Challenge, hit the $1 million profit mark a few weeks ago. Grittani graduated with a finance degree from Marquette University, my alma mater (and the university at which I am […]

  • Crystal Cox Has a History of Seeking Payoffs in Exchange For Retraction

    Extortionist Crystal Cox got a favorable ruling yesterday in her appeal of a $2.5 million judgment against her by Obsidian Finance.  The appeals court’s ruling can be found here, and the bottom line is that the case has been kicked […]

  • Expert in Koss Case Blames Michael Koss and Management for Fraud

    It has been almost four years since the massive fraud committed by Sujata Sachdeva against her employer, Koss Corp., was uncovered. A year after the discovery, Koss sued Park Bank for failing to find the fraud.  The company says that […]

  • Scamming Obamacare (Legally)

    There is an awesome provision in Obamacare (thoroughly inappropriately named the Affordable Care Act) that will allow anyone who receives a subsidy to scam the system. Here’s how it works: Pay your subsidized premium for one month, then stop paying. […]

  • Article on NuSkin Fraud in China

    Today Citron Research released a report on the fraud being committed in China by Nu Skin Enterprises. NuSkin is a multi-level marketing company based in Utah, and it trades on the New York Stock Exchange under the symbol NUS. This […]

  • Mark Cuban Wins Big Against the SEC

    Almost four years ago, I wrote an article for AOL’s Daily Finance site about the Securities and Exchange Commission witch hunt against Mark Cuban. The SEC filed insider trading charges against him in 2008 after he sold 600,000 shares of […]