• Government Officials in China investigating Usana

    FDI: China Government Issues Official Interrogation Notice on Usana Health Sciences Inc. Associate for Alleged Multi Level Marketing Activities in Nanning, the Capital City of the Guangxi Province in Mainland China FDI also releases several new Web sites that demonstrate […]

  • Usana’s attorney D.J. Poyfair and the Quixtar lawsuit

    I find this interesting… D.J. Poyfair is the attorney representing Usana Health Sciences to the death against Barry Minkow. He is also the attorney who is representing a group of 15 “independent business owners” against Amway (Quixtar). It appears as […]

  • Excellent comment about MLMs (pyramid schemes)

    A reader calling himself Bob H. posted this comment under a post about Quixtar/Amway. I thought it was good enough to merit a post of its own. What we have here is an illegal business that have bought protection from […]

  • Amway says FTC is soft on MLMs?

    This one comes from Zac Bissonnette over at BloggingStocks.com. He said it a little more politely than I might have. But it’s interesting that the oldest and yuckiest of all MLMs is willing to admit that the FTC is not […]

  • Utah Attorney General Mark Shurtleff Endorses Company Committing Fraud

    Did I ever mention that the Attorney General of Utah, Mark Shurtleff publicly endorsed Usana Health Sciences (NASDAQ:USNA) and said the company operates in a legal fashion? Oh yeah, that’s right… I did. Well then, let’s review. Usana executives have […]

  • Herbalife’s Top 5 Misrepresentations

    Herbalife’s (NYSE:HLF) CEO Michael Johnson and CFO Richard Goudis contradict one another’s figures. Fraud Discovery Institute (FDI) issues the following statement about its review of Herbalife (NYSE:HLF) presentations by CEO Michael Johnson and CFO Richard Goudis. First, on November 7, […]

  • Usana’s Bradford Richardson Continues to Dump Shares

    As previously reported, Bradford Richardson, Usana’s Executive VP of Asia Pacific has been doing some serious dumping of his Usana (NYSE: USNA) stock. Now that his stock is gone, it looks like he’s been exercising options and dumping those shares […]

  • Usana’s Bradford Richardson Unloads Another $600k of Stock

    Today Bradford Richardson sold $600,000 more of his Usana stock. He’s liquidating all of it. With only 400 shares of stock left, I think TerminatedRamp has this one right…. Bradford Richardson, Usana’s Executive VP of Asia Pacific is going to […]

  • Usana: Sell Now or Forever Hold Your Peace?

    The Usana executive in the best position to know how factually accurate the Fraud Discovery Institute allegations about Cheating in China … keeps unloading his Usana stock. Go, Bradford Richardson! Richardson is Usana’s Executive Vice President of Asia Pacific. Sounds […]

  • A Nice Warmup for the SEC on Herbalife

    News on Herbalife (NYSE:HLF): 5:25PM Herbalife in its 10Q discloses SEC has issued a formal investigation (HLF) 39.35 +0.65 : The co says “on September 20, 2007, the Company was orally advised by the Los Angeles Regional Office of the […]