• EchoStar executive didn’t earn college degree

    Mark Jackson, president of EchoStar Corp. (NASDAQ:SATS), doesn’t have an engineering degree from Texas Tech, as had been claimed in numerous filings and public relations pieces. The fake degree was also listed in an annual report for ArchosSA, a French […]

  • Interesting Develoments in Case of Mary Kay Cosmetics Trying to Stop Liquidators From Buying and Selling Their Products

    In the world of Mary Kay Cosmetics, recruiting new victims into the multi-level marketing (MLM) system and frontloading them with large inventory packages is critical to the survival of the company. The company and the upper levels of the pyramid […]

  • Top 10 Red Flags for Fraud at Pre-Paid Legal

    Top 10 Red Flags for Fraud at Pre-Paid Legal Services, Inc. (NYSE:PPD) 1. Pre-Paid Legal press releases and earnings calls consistently tout the “record” numbers that the company has achieved. This leaves the impression that the business is increasing in […]

  • A Politician Finally Talking Sense About Bailouts and Stimulus Funds

    Milwaukee County Executive Scott Walker had an opinion piece on the bailout madness in today’s Wall Street Journal. His legacy is holding the line of property taxes for Milwaukee County property owners. (i.e. He felt that we were already paying […]

  • CNBC Ask the Experts: Bankruptcy or Debt Settlement?

    Run on over to CNBC’s site for the personal finance show On the Money… I’ve answered a viewer “Ask the Experts” question about filing bankruptcy versus going through the debt settlement process. Bankruptcy often sounds attractive because it wipes out […]

  • Stick a fork in it: GM is done

    Today Reuters is reporting that General Motors Corp is going to be announcing a massive loss for 2008, and that their auditors (Deloitte) will be issuing a “going concern” warning. Essentially, that means that the auditors doubt GM is a […]

  • Report on Pre-Paid Legal Services, Inc.

    A report on Prepaid Legal by expert Robert FitzPatrick, nationally recognized by both law enforcement and the private sector, where he concludes: “Pre-Paid Legal Services Inc. is not a direct-selling company but a bogus ‘business opportunity’ scheme in which money […]

  • Watch For Bailout Fraud on the Horizon

    Written by Tracy L. Coenen, CPA, CFF If you thought that the $50 billion Ponzi scheme allegedly perpetrated by Bernard Madoff is big, get ready. The amount of fraud that is sure to arise out of all the federal government […]

  • Amazon is promoting my new book

    How cool is this? Amazon sends out email newsletters to its customers based on their prior purchases. Those who have purchased books on fraud and corruption in the past are getting this newsletter, featuring my new book Expert Fraud Investigation: […]

  • New Lennar Analysis: 72% chance of bankruptcy

    Barry Minkow and the Fraud Discovery Institute have just released a new report on Lennar Corporation (NYSE: LEN) by a Wall Street expert. Their press release summarizes the opinions of the expert: The Fraud Discovery Institute, Inc. released late this […]