Tim Grittani, a student in the Timothy Sykes Millionaire Trading Challenge, hit the $1 million profit mark a few weeks ago. Grittani graduated with a finance degree from Marquette University, my alma mater (and the university at which I am […]
Extortionist Crystal Cox got a favorable ruling yesterday in her appeal of a $2.5 million judgment against her by Obsidian Finance. The appeals court’s ruling can be found here, and the bottom line is that the case has been kicked […]
It has been almost four years since the massive fraud committed by Sujata Sachdeva against her employer, Koss Corp., was uncovered. A year after the discovery, Koss sued Park Bank for failing to find the fraud. The company says that […]
There is an awesome provision in Obamacare (thoroughly inappropriately named the Affordable Care Act) that will allow anyone who receives a subsidy to scam the system. Here’s how it works: Pay your subsidized premium for one month, then stop paying. […]
Today Citron Research released a report on the fraud being committed in China by Nu Skin Enterprises. NuSkin is a multi-level marketing company based in Utah, and it trades on the New York Stock Exchange under the symbol NUS. This […]
Almost four years ago, I wrote an article for AOL’s Daily Finance site about the Securities and Exchange Commission witch hunt against Mark Cuban. The SEC filed insider trading charges against him in 2008 after he sold 600,000 shares of […]
On September 18, 2013 a cease and desist order was filed pursuant to the Security and Exchange Commission’s investigation of Medifast Inc. (Medifast’s business includes Take Shape for Life, or TSFL, which is its multi-level marketing division.) Medifast materially overstated […]
Written by Tracy L. Coenen, CPA, CFF Family Lawyer Magazine 2013 Print Edition A thorough lifestyle analysis can help discover undisclosed income and assets. In an ordinary lifestyle analysis, the divorce financial analyst extracts all of the transactions from bank, […]
I talk frequently about how almost everyone loses money in multi-level marketing schemes. Companies like Mary Kay, Herbalife, Amway, and Avon want you to believe that money is being made from retailing the products. They say they are not pyramid […]
Damages experts are a routine part of litigation, as the issue of financial losses is often complicated. A variety of subject matter experts and financial experts are a standard feature in litigation to sort out the issues and help judges […]
