Top news and stories from EWORLDWIRE http://www.eworldwire.com/ http://www.eworldwire.com/logos/logo40x60.gif http://www.eworldwire.com/ 40 60 (C) Copyright 2007 EWORLDWIRE Sat, 21 Jun 2008 08:50:28 -0400 http://www.eworldwire.com/pressreleases/18660 In newly released lab results by Fraud Discovery Institute (FDI) from one of the nation's largest labs with a presence in over 30 countries, both Usana Health Sciences (NASDAQ: USNA) and Herbalife (NYSE: HLF) have lead levels that are over 1000 times the lead allowed under California law when taken as directed daily. The new results also revealed that the average lead content for non-multi level marketing health drinks averaged 0. [EWORLDWIRE] Fri, 20 Jun 2008 08:56:18 -0400 http://www.eworldwire.com/pressreleases/18622 In response to an abrupt, Sunday afternoon press release from Herbalife Ltd. (NYSE: HLF) in which the company proclaimed to the world that two independent labs confirmed that Herbalife is not in violation of California Proposition 65, the Fraud Discovery Institute Inc. (FDI) immediately engaged an international, publicly traded lab to once again test Herbalife's popular, Shapeworks Formula 1, nutritional shake mix (Lot Number 607738SOO). [EWORLDWIRE] Tue, 10 Jun 2008 09:05:52 -0400 http://www.eworldwire.com/pressreleases/18615 The Fraud Discovery Institute Inc. (FDI) used two FDA registered, independent labs to perform lead level tests on six Herbalife products reported in several published peer review medical journals about numerous cases of liver toxicity associated with the use of Herbalife (NYSE: HLF) products. These test results showed levels of lead in products that, if taken as directed, expose ingestors to levels of lead that violate Prop 65. [EWORLDWIRE] Mon, 09 Jun 2008 09:48:46 -0400 http://www.eworldwire.com/pressreleases/18594 On May 29, 2008, the Fraud Discovery Institute Inc. (FDI) ('http://www.frauddiscovery.net') learned that Nu Skin's (NYSE: NUS) Nu Colour Replenishing Lipstick Amber Spice contained 1.12 ppm of lead in the tested sample. To establish an objective baseline as to just what constitutes a high level of lead in lipstick, FDI compared the test results with those performed by Safecosmetics.org ('http://www.safecosmetics.org'). Safe Cosmetics. [EWORLDWIRE] Wed, 04 Jun 2008 12:18:15 -0400 http://www.eworldwire.com/pressreleases/18592 The Fraud Discovery Institute (FDI) posted a word-for-word transcription now available on its Web site ('http://www.frauddiscovery.net') of a television news interview that recently aired in the country of Peru ('http://www.dailymotion.com/video/x5lxzd_la-ventana-indiscreta_school') in which a government official appears to be leaning towards a ban of all Herbalife (NYSE: HLF) products in that country. [EWORLDWIRE] Wed, 04 Jun 2008 11:09:44 -0400 http://www.eworldwire.com/pressreleases/18581 The Fraud Discovery Institute Inc. (FDI) challenged the statement made by Herbalife (NYSE:HLF) CEO Michael Johnson from a May 20, 2008, investors' conference that all products have lead in them by testing the lead levels in four additional, comparable products to the Herbalife two top-selling nutritional shakes. "The results even surprised us," said Barry Minkow, FDI co-founder. [EWORLDWIRE] Mon, 02 Jun 2008 09:15:10 -0400 http://www.eworldwire.com/pressreleases/18562 The Fraud Discovery Institute Inc. (FDI) just released the results of new lead testing performed by an FDA registered, independent lab on Wednesday morning that revealed that the primary Herbalife (NYSE: HLF) children's product, "Vanilla Kids Shake," materially exceeds the .5 micrograms of lead content allowed under California law without a warning label. [EWORLDWIRE] Wed, 28 May 2008 13:27:09 -0400 http://www.eworldwire.com/pressreleases/18541 Although Herbalife (NYSE: HLF) may dismiss potential liability and other legal ramifications from the sales of multiple products that materially exceed California's Proposition 65, their distributors may not share their apathy towards potential legal liability according to Christopher Grell, Attorney and Co-Founder of the Dietary Supplement Safety Committee. In a memo posted on the Fraud Discovery Institute (FDI) Web site ('http://www.frauddiscovery.net'), Mr. [EWORLDWIRE] Thu, 22 May 2008 08:43:02 -0400 http://www.eworldwire.com/pressreleases/18538 Tests from a second FDA registered, independent lab confirm that Herbalife (NYSE: HLF) products exceed lead levels allowed by California law without proper label disclosure. "The company does not deny the accuracy of the test results but rather follows three tactics," said Barry Minkow, co-founder of the Fraud Discovery Institute. [EWORLDWIRE] Wed, 21 May 2008 08:59:01 -0400 http://www.eworldwire.com/pressreleases/18529 Herbalife's (NYSE:HLF) response to independent, FDA-registered lab results presented to the public by FDI prompts attorney Christopher Grell to direct the following correspondence to the Fraud Discovery Institute (FDI): Mr. Barry Minkow Fraud Discovery Institute 9770 Carroll Center Road Suite F San Diego, California 92126 Sent Via Fax and Email Dear Mr. [EWORLDWIRE] Tue, 20 May 2008 09:12:02 -0400 http://www.eworldwire.com/pressreleases/18525 The Fraud Discovery Institute (FDI) released an alert today warning of dangerously high levels of lead allegedly found in six common Herbalife products. [EWORLDWIRE] Mon, 19 May 2008 14:54:09 -0400 http://www.eworldwire.com/pressreleases/18519 Levels of lead that are in excess of what the law allows under California's Safe Drinking and Toxic Environment Act of 1994, more commonly known as Prop. 65 are contained in the Herbalife (NYSE:HLF) products that were analyzed, says lawyer and dietary supplement and Prop. 65 expert Christopher Grell in a letter to the Fraud Discovery Institute (FDI) now posted on the FDI Web site ('http://www.frauddiscovery.net'). [EWORLDWIRE] Mon, 19 May 2008 09:17:11 -0400 http://www.eworldwire.com/pressreleases/18478 Los ejecutivos de Herbalife (NYSE: HLF) identificaron a Venezuela como un mercado Top 10 para su compañía en su conferencia de presentación de resultados de May 2, 2008, y de hecho, se informó un crecimiento de tres dígitos en la cantidad de nuevos supervisores allí en el primer trimestre. Sin embargo, según el ex-Director de Herbalife para Venezuela y Colombia, Ricardo Hollander, no todo parece ser lo que es en Venezuela. [EWORLDWIRE] Fri, 09 May 2008 14:50:47 -0400 http://www.eworldwire.com/pressreleases/18476 Herbalife (NYSE:HLF) executives identified Venezuela as a Top 10 market for the company in their May 2, 2008, conference call, and indeed, triple digit new supervisor growth was reported there in the first quarter. However, according to former Herbalife Director of Venezuela and Columbia, Ricardo Hollander, all is not as it seems in Venezuela. According to an unsolicited written statement from Mr. [EWORLDWIRE] Fri, 09 May 2008 09:04:28 -0400 http://www.eworldwire.com/pressreleases/18458 The Fraud Discovery Institute Inc. (FDI) ('http://www.frauddiscovery.net') today unveiled some of the results of a six-month undercover investigation of PrePaid Legal Inc. (PPL) (NYSE:PPD) by launching a new Web site, 'http://www.prepaidillegal.com'. The site includes a comprehensive 25-page report from nationally recognized multi-level marketing (MLM) expert Robert FitzPatrick outlining for the first time the startling fact that PrePaid Legal Inc. [EWORLDWIRE] Thu, 01 May 2008 10:25:38 -0400 http://www.eworldwire.com/pressreleases/18457 In an unprecedented move, the Fraud Discovery Institute (FDI) is sending out a letter to all PrePaid Legal Inc. (NYSE: PPD) participating law firms asking them to carefully re-examine and compare what consumers rely upon and are promised when they purchase "legal insurance" versus what they will actually end up receiving in terms of legal representation in their time of need. A copy of this letter can be found on the just-launched Fraud Discovery Institute Web site, 'http://www.prepaidillegal. [EWORLDWIRE] Thu, 01 May 2008 10:24:33 -0400 http://www.eworldwire.com/pressreleases/18454 The Fraud Discovery Institute Inc. (FDI) (http://www.frauddiscovery.net) today unveiled some of the results of a six-month undercover investigation of PrePaid Legal Inc. (PPL) (NYSE:PPD) by launching a new Web site, http://www.prepaidillegal.com. The site includes a comprehensive 25-page report from nationally recognized multi-level marketing (MLM) expert Robert FitzPatrick outlining for the first time the startling fact that PrePaid Legal Inc. [EWORLDWIRE] Thu, 01 May 2008 09:01:00 -0400 http://www.eworldwire.com/pressreleases/18438 Moments after Herbalife President Gregory Probert admitted he lied multiple times in his resume, Fraud Discovery Institute Co-Founder Barry Minkow renewed requests for Herbalife auditor, KPMG, to resign. [EWORLDWIRE] Fri, 25 Apr 2008 08:29:47 -0400 http://www.eworldwire.com/pressreleases/18406 The Fraud Discovery Institute has just issued a Top 10 Misrepresentations by Herbalife (NYSE: HLF) Senior Management, which includes a never-before revealed fact that an independent board member - who is a part of the top 1 percent of Herbalife distributors, sells lead generation lists to distributors through his line of sponsorship. [EWORLDWIRE] Wed, 16 Apr 2008 11:56:55 -0400 http://www.eworldwire.com/pressreleases/18392 The Fraud Discovery Institute Inc. formally requested through two separate e-mails: one on March 4, 2008, and another on April 10, 2008, that the accounting firm of KPMG immediately resign from the Herbalife (NYSE:HLF) engagement. According to Minkow, "We have been lobbying KPMG to resign the Herbalife account beginning March 4, 2008, and then renewed the request in writing late Thursday night, April 10, 2008. [EWORLDWIRE] Fri, 11 Apr 2008 14:39:50 -0400 http://www.eworldwire.com/pressreleases/18389 The Fraud Discovery Institute has just released a list of the Top Ten Red Flags of Fraud at Herbalife, LTD (NYSE: HLF) ('http://www.frauddiscovery.net') based upon experts' analysis of the company. According to Barry Minkow, "One day in the very near future Wall Street and all of its analysts will marvel that a company possessing so many red flags of fraud could be embraced so widely with the overwhelming credulity that it has." Mr. [EWORLDWIRE] Thu, 10 Apr 2008 20:14:18 -0400 http://www.eworldwire.com/pressreleases/18033 The Fraud Discovery Institute (FDI) has just released an official, signature page sealed notice of interrogation from the Nanning Business Administration Department, Shuan Sheng Branch Economic Inspection which seeks to investigate the alleged multi level marketing activities of Usana Health Sciences Inc. (NASDAQ: USNA) through an alleged associate in that region. The interrogation demand also included the production of documents. [EWORLDWIRE] Mon, 07 Jan 2008 14:59:21 -0500 http://www.eworldwire.com/pressreleases/18031 The Fraud Discovery Institute (FDI) has just released an official, signature page sealed notice of interrogation from the Nanning Business Administration Department, Shuan Sheng Branch Economic Inspection which seeks to investigate the alleged multi level marketing activities of Usana Health Sciences Inc. (NASDAQ: USNA) through an alleged associate in that region. The interrogation demand also included the production of documents. [EWORLDWIRE] Mon, 07 Jan 2008 10:11:16 -0500 http://www.eworldwire.com/pressreleases/18025 The Fraud Discovery Institute (FDI) has just released an official, signature page sealed notice of interrogation from the Nanning Business Administration Department, "Shuan Sheng" Branch Economic Inspection which seeks to investigate the alleged multi level marketing activities of Usana Health Sciences Inc. (NASDAQ: USNA) through an alleged associate(s) in that region. [EWORLDWIRE] Fri, 04 Jan 2008 09:28:46 -0500 http://www.eworldwire.com/pressreleases/17882 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, 2007, Herbalife CEO Michael Johnson defended allegations that over 90 percent of Herbalife distributors fail by stating: "We believe that 58 percent are discount buyers, that 22 percent are small retailers and customers, and that 20 percent are potentially future supervisors. Let me repeat that - 1. [EWORLDWIRE] Thu, 15 Nov 2007 08:44:03 -0500 http://www.eworldwire.com/pressreleases/17848 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 business. [EWORLDWIRE] Tue, 06 Nov 2007 09:25:42 -0500 http://www.eworldwire.com/pressreleases/17847 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 in China where they are only licensed to "direct sell" products. [EWORLDWIRE] Mon, 05 Nov 2007 13:27:09 -0500 http://www.eworldwire.com/pressreleases/17822 On October 18, 2007, the Fraud Discovery Institute Inc. (FDI) released a report detailing the activities of Usana Health Sciences Inc. (NASDAQ: USNA) and its underground operation in China. The New York Post carried the story of an alleged 30,000 undisclosed Usana associates actively conducting multi level marketing businesses in China that impacted downlines by the false inflation of sales in the U.S. and Canada, Australia and Hong Kong. [EWORLDWIRE] Mon, 29 Oct 2007 21:39:33 -0500 http://www.eworldwire.com/pressreleases/17794 圣迭戈消息－诈欺追查协会（FDI）今天公开一项它发给中国政府和联邦调查局的警报，内容记录了位于犹他州的Usana Health Sciences公司（纳斯达克代号：USNA）被指控犯下具体不当行为。 这份报导摘要说明了一项在香港、中国、美国等地所进行为期两个月的秘密调查。调查结果指出，Usana据称在中国境内从事法令禁止的多层次传销活动，Usana在中国没有从事零售业的执照，中国� [EWORLDWIRE] Mon, 22 Oct 2007 14:03:54 -0400 http://www.eworldwire.com/pressreleases/17786 The Fraud Discovery Institute (FDI) today made public an alert it has issued to the Chinese government and FBI chronicling alleged material improprieties committed by Utah-based Usana Health Sciences, Inc. (NASDAQ: USNA). The report summarizes an undercover, two month-long investigation in Hong Kong, China and the USA. [EWORLDWIRE] Fri, 19 Oct 2007 12:05:58 -0400 http://www.eworldwire.com/pressreleases/17571 The Fraud Discovery Institute released a letter to the FBI and the SEC late yesterday drawing attention to yet another resume blunder posted on the Usana Health Sciences Inc. (NASDAQ:USNA) official Web site. Dr. Ricardo Calderon, Md., who, according to his resume works for the Los Angeles Public Health Department and is an Adjunct Associate Professor at the Kesk School of Medicine at USC, is not a licensed physician anywhere in the United States. [EWORLDWIRE] Wed, 05 Sep 2007 13:18:08 -0400 http://www.eworldwire.com/pressreleases/17467 Fraud Discovery Institute Co-Founder Barry Minkow sent a letter to Usana Health Sciences, Inc.'s (Nasdaq: USNA) CFO Gil Fuller and President Dave Wentz in response to a recent press release sent out by the company where yet another personal attack was leveled against FDI and Minkow. The letter also acknowledges that FDI and Minkow are mulling over the possibility of a civil Rico countersuit against Usana Health Sciences, Inc. [EWORLDWIRE] Mon, 13 Aug 2007 14:26:29 -0400 http://www.eworldwire.com/pressreleases/17370 Lead council in the $100 million dollar widely publicized Pacific Wealth Management investor fraud case, plaintiff's attorney Richard Ackerman, directed a letter of commendation to Fraud Discovery Institute Inc. (FDI) for its role and assistance in evidence-gathering during the four years of investigation. [EWORLDWIRE] Wed, 25 Jul 2007 09:45:39 -0400 http://www.eworldwire.com/pressreleases/17258 In June, 2007, the Fraud Discovery Institute (FDI) contracted industry expert Robert FitzPatrick to perform a detailed comparison between two multi level marketing companies that have caught the eye of regulators: Usana Health Sciences, Inc. (NASDAQ: USNA) and Burnlounge, Inc. FitzPatrick is internationally recognized by state and federal law enforcement agencies as well as the country of China as an unparalleled expert in multi level marketing. [EWORLDWIRE] Tue, 03 Jul 2007 09:55:08 -0400 http://www.eworldwire.com/pressreleases/17097 In Part 2 of the compelling story of Steve Estes, a blind former Usana (NASDAQ: USNA) associate who lost his life savings and mortgaged his home when striving to build an Usana distributorship, Estes explains how a pattern of deception at every level contributed to the fleecing of a disabled, elderly couple. "What is striking about Part 2 of this YouTube video is the reaction of Mr. Estes' family," said Barry Minkow of Fraud Discovery Institute (FDI). [EWORLDWIRE] Thu, 31 May 2007 07:49:18 -0400 http://www.eworldwire.com/pressreleases/17081 In the first of a two-part, new YouTube video release, the Fraud Discovery Institute details the story of Steve Estes, former Usana (NASDAQ: USNA) Associate (Number 2028731) from Temple, Georgia. Estes, who was born blind, became a Usana distributor in December of 2001 with hopes of attaining financial freedom and doing more than simply becoming a consumer of the company's product. [EWORLDWIRE] Fri, 25 May 2007 08:05:11 -0400 http://www.eworldwire.com/pressreleases/17042 When Brian Mohr, owner of Nutrimart Nutrition - a retail vitamin store in San Diego, California - first received a letter from Usana Health Sciences Inc. (NASDAQ: USNA) demanding that he contact Barry Minkow, co-founder of the Fraud Discovery Institute (FDI), and immediately insist that Minkow remove the YouTube video which compared the prices of Nutrimart's products to the Usana Health Pak 100 (TM), he was shocked. [EWORLDWIRE] Tue, 22 May 2007 12:18:03 -0400 http://www.eworldwire.com/pressreleases/17019 The Fraud Discovery Institute (FDI) has released a new video on You Tube with consumer fraud expert and Better Business Bureau Vice President Gary Almond. Almond has worked at the Better Business Bureau's largest U.S. office in Colton, California since 1992. According to the Better Business Bureau Web site in Utah where Usana Health Sciences Inc. is headquartered, the company is not a member of the Better Business Bureau ('http://www.saltlakecity.bbb.org/commonreport. [EWORLDWIRE] Wed, 16 May 2007 13:34:27 -0400