Archive | Mar 2008
I thought it was all Barry Minkow’s fault?
Usana Health Sciences (NASDAQ: USNA) just took a huge dump. We’re a year out from the report by Barry Minkow and Fraud Discovery Institute about the company’s failure to disclose material information and data about its business model. Usana executives Gil Fuller (CFO who lied about being a CPA) and Dave Wentz always referred to the [...]
Continue reading...When your business is struggling, should you make it harder for your customers to use your services?
26 Mar 2008
UPDATE: Date/time stamps are back! Tim Sykes posted about this on his blog (and gave the cool graphic here that I conveniently stole from his site) …. Let’s face it. Yahoo’s business model is failing on many levels. They simply haven’t kept up with web trends and are being pummeled so hard by sites like Google, that [...]
Continue reading...Help rid the blogosphere of bad blogs…
25 Mar 2008
Have you ever noticed how many bad blogs there are out there? There are the “splogs” (spam blogs) that are nothing more than sites that want you to visit so they can get advertising dollars. They don’t offer any content… at least not any that they didn’t steal from someone else. You see these sites coming [...]
Continue reading...Check out my AOL articles
25 Mar 2008
Credit problems aren’t just for consumers - Businesses are filing bankruptcy too, and the impact is wide-reaching Tax Tips: Cashing out your 401(k) early - Why it’s a horrible, horrible idea to cash out a 401(k) early (not that it stops a lot of young consumers from doing it) Debt consolidation might be the worst move you’ve [...]
Continue reading...Loophole Louie lying about his record?
25 Mar 2008
Judge Louis Butler is running for re-election for the Wisconsin Supreme Court. And those who have followed his legal career know him as Loophole Louie, because he is so pro-criminal, looking for any loophole or technicality that will allow the criminal to get off scott free. But now that it’s election time, Louie knows that being [...]
Continue reading...Student loan market changing
25 Mar 2008
Experts are worried about the future of the student loan market and whether or not enough money will be available in the coming years for all who want to attend college. The Wall Street Journal reports that colleges and universities are shying away from private lenders (which had been utilized pretty aggressively in the last [...]
Continue reading...Another big thank you!
22 Mar 2008
This one goes out to my friend Andrea who was kind enough to mention my book on her blog. She’s spending eight months in France as part of her International MBA degree program, and has been kind enough to set up the blog to allow family and friends to follow her adventure. Andrea was hands-down my [...]
Continue reading...I wanted you to love my book…
22 Mar 2008
Michael Good at Goode Value Investing did a review of my book Essentials of Corporate Fraud, but I didn’t realize it until tonight! I admit it - I want everyone to love my book. But everyone won’t. Michael is a great example… his knowledge is way beyond that of the target market for my book. [...]
Continue reading...Police on the beat, trying to catch…. a blogger
20 Mar 2008
The Whitewater, Wisconsin police chief James Coan has sent two police detectives on a mission. They (and several other city employees, including the director of public works, the information technology officer, and the city clerk) are to spend their paid time trying to find out the identity of an anonymous blogger. Is this blogger accused of [...]
Continue reading...Wondering why I love Timmay?
20 Mar 2008
Okay, I admit it… I love Tim Sykes. I really do. He says some crazy things, but who doesn’t. I think that sometimes he comes awfully close to jeopardizing his long-term career opportunities. But who am I to criticize if Timmay wants to take his life into his own hands? He tells it like [...]
Continue reading...- Is Shop to Earn a scam or a legitimate business?
- More on why ShopToEarn sucks (and so do MyPowerMall and TeamNational)
- MonaVie: Scam or not?
- Mary Kay Cosmetics: Destroying half a million women a year
- Primerica Financial Services a scam?
- The Pyramid Scheme aspect of Primerica Financial Services
- Shop To Earn lawyer bullying bloggers
- The Sarah Palin pregnancy cover-up that wasn't (updated)
- What does Dave Ramsey think about United First Financial
- A new pyramid scheme: United First Financial
- Niles: Where can the public get specific and official documentation on the...
- Barbara: Tracy I am sure you read this already but it fits you definition of...
- JoeTaxpayer: Walt, if you actually have that amount of time in the business,...
- inspectaneck: Jessica, You’re probably right. If it is so wonderful,...
- Tracy Coenen: Oh Walt. How fun. You accuse me of not knowing how interest...
- Walt: Hello Tracy, It seems that you have tried to educate yourself in...
- claysgirl: To Nienpedo I don’t know what area you live in, nor does...
- nienpedo: So I went to a “meeting” and when I first walked in I saw...
- Lee D: Excellent point, PurpleSlog.
- PurpleSlog: I have a third alternative. Most “anchors” are pretty...
- Chicago mayor promises action against city employees stealing from taxpayers
- Consumers easier to scam during tough economic times
- Searching for Shop to Earn scam
- Debunking Sarah Palin rumors and lies
- Check out the pork in the bailout bill
- The $700 billion bailout should fail on its own merits
- Criminal charges against Amway in India
- The lure of multi-level marketing
- The UFF Money Merge Account money shuffle explained
- Mark Cuban’s idea on a private bailout of the financial sector
About the Author
Tracy Coenen is a forensic accountant and fraud examiner who investigates white collar crimes, including cases of financial statement fraud, embezzlement, tax fraud, and insurance fraud. She is the author of Essentials of Corporate Fraud and more than 100 articles on fraud featured in industry publications.
27 Mar 2008
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