Primerica Financial Services is a multi-level marketing company that sells life insurance and investments. I’ve written about Primerica in the past, questioning whether Primerica is a pyramid scheme, and whether PFS is a scam. The bottom line is that Primerica […]

A lawsuit  recently filed in federal court in Chicago by Cottrell Inc. against J. Nigel Ellis highlights the issue of conflicts of interest for expert witnesses. Ellis is reportedly the founder of Ellis Litigation Support, Dynamic Scientific Controls, and Ellis […]

Earlier this year, I recorded a Sound Advice podcast for the American Bar Association’s Section of Litigation.  When dividing shared business assets in a divorce, it is important to fully evaluate the finances of the businesses. It is impossible to […]

Serial charlatan Kevin Trudeau is up to his old tricks. Despite being caught by regulators violating consumer protection laws many times… despite being fined and sanctioned multiple times…. despite repeated violations of injunctions and orders….. Kevin Trudeau continuously invents new […]

One frequently asked question from divorcing individuals is what to do if the spouse is suspected to be hiding assets. I recently outlined the steps that should be taken if a spouse is worried about the other spouse manipulating assets […]

I have always been a big Dave Ramsey fan, and believed that his financial advice for consumers is first rate. But today Dave Ramsey got it wrong in a big way. On his blog, he published an article about making […]

All good multi-level marketing companies have one thing in common: They fail to disclose enough information to allow consumers and regulators to determine if they are in the business of recruiting or selling products. They disclose just enough facts and […]

Former KPMG audit Partner Scott I. London brought great shame to the accounting profession this week by being charged with conspiracy to commit securities fraud through insider trading. After nearly 30 years with KPMG, London went down in flames after […]

I recently joined the Trading Challenge being run by Tim Sykes. I introduced you to Timothy Sykes in 2008 when I reviewed his book An American Hedge Fund. He took about $12,000+ that he got for his Bar Mitzvah, and […]

Readers of the Fraud Files are familiar with the story of Jennifer McKinney – – mommy blogger who calls herself MckMama – – who is prone to lies and exaggerations. She and her husband Israel were accused of  lying to […]