ADDING MULTIMEDIA Fraud Discovery Institute Provides Video Update on
Usana Matter
Usana Victims Tell Their Story on YouTube.com Video
SAN DIEGO (Business Wire EON/PRWEB ) April 17, 2007 --
The Fraud Discovery Institute has just released the link to a new video
on YouTube.com where, for the first time, a failed “Associate”
of Usana Health Sciences Inc. (NASDAQ: USNA) steps forward to tell their
compelling story of loss at the hands of the giant multi level marketer.
To view the video, log on to www.frauddiscovery.net
and click the link to YouTube.com.
JC and Jane Bishop, the courageous husband and wife of 44 years from
Kansas City, Missouri reveal their experience in clear detail in this
unprecedented use of the YouTube.com site, hoping to educate others
about the dangers of this multi level marketing corporation.
“The problem this YouTube.com video presents
for Usana is that these are real victims who went through the Usana
ringer,” said Barry Minkow, Cofounder of the
Fraud Discovery Institute.
The YouTube.com presentation takes the viewer from the innocent
invitation of the retired couple to a neighbors’
home, where they first heard of the Usana business opportunity. The
video follows their failed Usana distributorships and the failures of
their daughter and friend brought into Usana by the couple.
“This couple was chosen as our first Usana
failure story because of their objectivity, as they concede during the
interview that they still use two of the Usana products,”
said Minkow. “Meaning, they were not some
embittered people who spoke irrationally against the company.”
When asked if their becoming distributors was for the purpose of
purchasing products or earning money as a business opportunity, they
unequivocally and emphatically stated that it was to earn money as a
business opportunity. “We were told to develop ‘dream
boards’ of material possessions we would buy
when we succeeded as Usana distributors,” the
Bishops added.
“This video is only the first of many failure
stories that will demonstrate in the upcoming weeks that, sadly, this
couple is not the exception, as we know that 86% of Usana distributors
never, ever get out of the red,” said Minkow.
When asked why she came forward, Jane Bishop, who had recruited a friend
and her daughter into the scheme –who all
lost money– says, “It’s
a guilt trip because you feel responsible. I’m
so thankful that I didn’t do better at this,
at bringing people in. I feel I have an ethical responsibility to do
what I can to help expose the evil of this business model because it
preys on the very worst in people.”
About Fraud
Discovery Institute
Over the past 5 years, the Fraud
Discovery Institute and Barry Minkow has uncovered and stopped over
$1 billion in financial fraud. With experience on both sides of the law
concerning financial fraud, FDI is uniquely positioned and qualified to
help companies and individuals as it relates to maters of fraud.
Once a fraud does occur, the costs in earnings, manpower, possibly
hostile litigation, higher insurance premiums, and corporate credibility
are hard to contain. FDI’s proactive fraud
detection and awareness program can save time, money, embarrassment, and
potential damages in a class-action lawsuit.
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http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5376909
See the original story at: http://eon.businesswire.com/releases/usana/youtube/prweb518920.htm
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