• FDI Responds To Herbalife: “Enron Was On The NYSE Also”

    According to the November 5, 2007, Herbalife (NYSE:HLF) response to the Fraud Discovery Institute (FDI) report, the company states: “We have confidence in our direct-selling business model, our integrity and transparency as a NYSE-listed company and the fundamentals of our […]

  • Herbalife Denies Allegations in Fraud Discovery Institute Report

    Multi-level marketing company Herbalife has denied the allegations made in Barry Minkow’s report about their fraud in China with this press release: We have confidence in our direct-selling business model, our integrity and transparency as a NYSE-listed company and the […]

  • Brilliant Comments About Herbalife

    A falling stock price is good! Allegations of fraud are good! Why? “When these business models are doubted, returns tend to be the greatest.” That’s a quote from an analyst. Fraud in China by Herbalife (NYSE:HLF) apparently equals “doubt about […]

  • Press Release on Herbalife Investigation

    The Fraud Discovery Institute (FDI) has just released a report corroborated by video and audio evidence indicating that Herbalife LTD (NYSE:HLF), a multi level marketing company based in Los Angeles, California, has been operating an underground multi level marketing business […]

  • Fraud Discovery Institute Issues a Report on Herbalife

    Multi-level marketing company Herbalife (NYSE:HLF) is the target of the most recent investigation done by Barry Minkow and Fraud Discovery Institute. A new website, Doomed By Design has been developed, and a written report has been released. A short video […]

  • Primerica Financial Services a Scam?

    Over on my consumer awareness site, Pink Truth, I have put together a few articles about Primerica Financial Services. Like Mary Kay, Usana, and Mannatech, Primerica is a multi-level marketing company (MLM). The big difference, however, is that these other […]

  • Usana Insider in Charge of Asia Pacific Unloads Tons of Stock After Minkow Exposes Company for Cheating in China

    Insider: Bradford Richardson, Executive Vice President of Asia Pacific Company Bio: Bradford joined USANA in December 1997 as executive director of international development, and from 1999-2005 held the roles of vice president of international development and vice president of international. […]

  • Usana’s “strong” return on equity numbers

    TheStreet.com issued some upgrades and downgrades late last week, and had this to say about Usana Health Sciences: Nutritional and personal care products developer USANA Health Sciences (USNA – Cramer’s Take – Stockpickr) has been upgraded to a buy from […]

  • New York Post Story on Usana Cheating in China

    Roddy Boyd at the New York Post has picked up the story about Usana illegally recruiting new associates in China. Boyd explains China’s laws like this:

  • Mannatech Fires Auditors Grant Thornton

    Mannatech Inc. fired its auditors, Grant Thornton, after refusing to comply with GT’s demand that Sam Caster be removed from all duties. Caster is the founder of Mannatech and the current chairman of the board. He resigned as CEO two […]