• Advocare Income Disclosure Statements

    Advocare: We Build Champions – AdvoCare is a premier health and wellness company offering more than 70 exclusive nutritional and skincare products and a business opportunity that empowers individuals to explore their ultimate potential. On May 17, 2019, AdvoCare announce […]

  • Medifast Take Shape For Life: Endless Chain?

    A recent filing in the Medifast appeal (the case in which Medifast sued me and others, and lost miserably) raises some interesting questions about whether Take Shape For Life (TSFL) is an endless chain recruitment scheme. From that filing: A. […]

  • If Herbalife Was a Pyramid Scheme, It Would Have Collapsed By Now

    One of the most common arguments used against those who deem multi-level marketing companies pyramid schemes, is that pyramid schemes collapse. Because Herbalife hasn’t collapsed, it must not be a pyramid scheme. Because the company has avoided total collapse for […]

  • Herbalife Does Not Track Retail Sales

    This little gem is courtesy of Shortzilla, a Seeking Alpha contributor. In a 1986 Final Judgment and Permanent Injunction against Herbalife in California, the company agreed to the following: B.  defendants shall be in compliance with this Section 5, as […]

  • Milwaukee Public Schools Suck (For the 83rd Time)

    Only in Milwaukee Public Schools (MPS) is uncertainty about the future a massive problem that no one can do anything about. (Doesn’t every business face uncertainty about the future? Aren’t they unsure of how many customers they will have? Doesn’t […]

  • Tax Fraud and Family Law

    If you’re a family law attorney practicing in Wisconsin, you might want to consider attending a State Bar of Wisconsin CLE seminar being presented by Gregg Herman and Al Dassow on January 11, 2013. They’re talking about Tax and Tax […]

  • Bill Ackman on His Herbalife Short

    Herbalife (NYSE: HLF) has been hit by a short seller again. Earlier this year it was David Einhorn simply asking questions about the business. This time it is Bill Ackman calling Herbalife a pyramid scheme and laying out his case. […]

  • Multi-Level Marketing or Pyramid Scheme?

    Recently Bruce Craig, a retired lawyer from the Wisconsin Department of Justice in the area of consumer protection, published an interesting article on multilevel marketing: An Investor’s Guide To Identifying Pyramid Schemes. The controversy surrounding Herbalife (NYSE: HLF), and initiated […]

  • Should Forensic Accounting Be Regulated?

    The profession of “public accounting” has been regulated by states through the process of issuing CPA licenses. There is one CPA exam taken by candidates across the country, and then each state uses the pass/fail results in their process of […]

  • Do Former Law Enforcement Officers Make Better Forensic Accountants?

    Today Brian Willingham of the Diligentia Group has inspired me with his article Do Former Law Enforcement Officers Make Better Private Investigators? While Brian agrees that experience in law enforcement can be helpful to a private investigator, it does not […]