Hector Orlansky, the former CEO of E.S. Bankest, was sentenced to 20 years in federal prison for his part in one of the biggest bank frauds ever seen in South Florida. The losses in the case neared $167 million, and […]
Judd Bagley, Director of Communications at Overstock.com and loyal sidekick of wacky CEO Patrick Byrne, is threatening to “expose” BloggingStocks blogger Zac Bissonette on his antisocialmedia website. Judd maintains the website to scare people who dare ask questions about or […]
Usana Health Sciences is throwing its latest temper tantrum at being exposed for the fraud it is. National Business Review reporter Helen Malmgren reported a few weeks ago on the Usana scam. Usana has replied with a letter that is […]
Conference call participants: David Chidester – Overstock.com, Inc. SVP Finance Dr. Patrick Byrne – Overstock.com, Inc. Chairman, CEO Jason Lindsey – Overstock.com, Inc. President, COO Translator: Tracy Coenen – Fraud Investigator On with the show… David Chidester: Total revenue for […]
After all the corporate crimes I’ve seen in the last 13-or-so years, it takes a lot to surprise me. Really, it does. But Patrick Byrne, the nutty CEO of Overstock.com has suprised me. Now, I’d like to think that my […]
Mortgage insurer MGIC Investment Corp is looking at a huge write-off of a $1.03 billion investment in Credit-Based Asset Servicing and Securitization LLC (C-BASS). The company reported yesterday that its investment in C-BASS has become materially impaired, meaning the value […]
Insider Post Dramatic Exit movies are the place where i find escape from guilt and shame. in the movies there is an ending that is not soon forgotten. this post is my exit and will live up to the promise […]
Is there something in the water in Utah? Or have Usana Health Sciences executives been lunching with Patrick Byrne, CEO of Overstock.com? It seems that Byrne’s naked short selling conspiracy theories have worn off on Usana. Usana executives haven’t been […]
The verdict is being read right now in the Frank Jude case in federal court….. Guilty – Jon Bartlett, Andrew Spengler, and Daniel Mesarik Not Guilty – Ryan Packard The charges were violating Jude’s civil rights and committing assault while […]
In the original report issued by Fraud Discovery Institute on Usana Health Sciences, Usana’s claim that its TenX Antioxidant Blast Bar had 10 times the antioxidant power of any juice was debunked. The Usana website made this claim: With 10 […]