• Usana’s secret new product

    Usana Health Sciences Inc. (NASDAQ:USNA) is preparing for a big launch of a new product at this year’s convention, and I thought I’d give you a sneak peek at what it is. The new product is an energy drink. Apparently, […]

  • Herbalife Red Flags for Fraud Issued

    Disclosure: Barry Minkow is currently shorting Herbalife stock, and intends to short any stock he reports on in the future. Details found on page 3 of this document. Today Barry Minkow and Fraud Discovery Institute released a list of the […]

  • Why Do People Fall For These Scams?

    I was just reading on TechCrunch about a scam called Bux.to that looks poised to fold. Members are complaining that they are not being paid the money they’ve earned. The site shows some comments from supposed members who say they’ve […]

  • Usana’s Contradictions

    Someone on a message board for discussing Usana Health Sciences (NASDAQ:USNA) made some interesting comments about the company. Quite simply, management consistently makes statements that contradict earlier statements. Here’s what she observed:

  • Usana Health Sciences Loses Big in Court

    Consequently, the evidence now indicates only that Defendants engaged in the lawful trading of securities. Because USANA did not meet its burden, the court strikes the second claim for relief under California’s anti-SLAPP statute. A ruling yesterday in the Usana […]

  • An interview with A Indústria da Decepção? (a Brazilian blog about MLMs)

    I was recently interviewed for a Brazilian blog dedicated to exposing multi-level marketing companies and pyramid schemes for the scams that they are. Here are their questions and my responses: 1. How did you became involved with MLMs? What attracted […]

  • Buying Your Way to Director at Usana Health Sciences

    Is it possible to buy your way to the top of the pyramid at Usana (NASDAQ:USNA)? Who would even want to? Well the answer is simple… those who are at the top of the pyramid have a much easier time […]

  • SEC Drops Informal Investigation into Usana Health Sciences

    Last week the Securities and Exchange Commission (SEC) informed Usana Health Sciences (NASDAQ: USNA) that it was closing its informal investigation into the company and taking no further action at this time. The pro-MLM camp has trumpeted this as a […]

  • Pyramid Scheme Alert Reflects on 2007

    Multi-level marketing will go down in history as one of the great frauds of our times. It deceptively wraps its harmful scam with the real needs and desires of people today – additional income, stay home with the family, independence, […]

  • Usana executives aren’t the only ones lying about their credentials

    See! Usana Health Sciences (NASDAQ: USNA) CFO Gill Fuller was right when he said that everyone was lying about their credentials (including him!). The CEO of CellCyte (Public, OTC:CCYG) was recently busted for embellishing his resume, and the stockholders have […]