• On Buying a House During Bankruptcy

    Recently, watchers of the MckMama train wreck were treated to the news that blogger Jennifer McKinney has bought a home. This lovely home in West Salem, Wisconsin, was most recently on the market at $289,900. Jennifer “MckMama” McKinney bought the […]

  • Herbalife: Important or Not Important?

    Questions posed to Herbalife earlier this year by David Einhorn sent the stock price down quickly. Einhorn simply wanted to know about customers… actual consumers of the Herbalife products. One has to assume Einhorn has done lots of research on […]

  • Who Loves Multi-Level Marketing?

    For more than a week, I have been enjoying the discussion ignited by Virginia Sole-Smith’s article on the pink pyramid scheme, Mary Kay Cosmetics. Naturally, Mary Kay Inc. has come forth with some flimsy excuses that do nothing to help […]

  • Pink Pyramid Scheme: Harper’s Magazine on Mary Kay Cosmetics

    In the August issue of Harper’s Magazine, investigative reporter Virginia Sole-Smith examines Mary Kay Cosmetics in an article entitled The Pink Pyramid Scheme. It is well-written, and in my opinion, it paints a very fair and truthful picture of life […]

  • MckMama Bankruptcy Case Update

    There is little news to report in the bankruptcy case of Jennifer Sauls McKinney and Israel McKinney. In May, bankruptcy trustee Gene Doeling filed Case 12-06024, objecting to the discharge of the McKinney’s bankruptcy and alleging that the McKinneys made […]

  • American Greed: Cracking the Façade of Fraud

    Jenna Martino, CNBC Associate Producer When Sandy Smith of Stevenville, Texas, purchased her home, she never dreamed there would be any issue taking out a mortgage with Taylor, Bean & Whitaker, a lending company based in Ocala, Fla. The previous […]

  • The Psychology of White Collar Criminals

    Toby Groves is a fraudster turned researcher, having served time for mortgage fraud in income tax fraud committed while running Groves Funding Corporation. He was sentenced to two years in federal prison, and it was in prison that he began […]

  • Denver Post Copyright Infringement

    Remember the Denver Post? The one that used Righthaven to sue a bunch of bloggers? (Unsuccessfully, but nevertheless, the litigation has dragged on for some time.) It seems that the Denver Post is engaged in a little copyright infringement of […]

  • Milwaukee Spent HOW MUCH on a New Housing Project?

    This week, I read with interest an article about Westlawn, a City of Milwaukee housing project that was torn down an rebuilt. And a little bit of research led to an astounding discovery. In recent years, an idea was hatched […]

  • Similarities Between Herbalife and Pyramid Scheme BurnLounge

    In March, the Federal Trade Commission entered an order against multi-level marketing company BurnLounge, prohibiting the company and its founders from making certain misrepresentation and requiring them to disclose certain things in the future. Over the last few months, the […]