Shocker: Enzyte Maker Found Guilty of Fraud
Enzyte Character Spokesperson, "Smiling Bob".An AP newswire article, via SFGate.com, reports that:
A federal court jury on Friday found the owner of a company that sells "male enhancement" tablets and other herbal supplements guilty of conspiracy to commit mail fraud, bank fraud and money laundering.More here.
Steve Warshak, whose conviction was reported Friday by The Cincinnati Enquirer, is founder and president of Berkeley Premium Nutraceuticals, which distributes Enzyte and a number of products alleged to boost energy, manage weight, reduce memory loss and aid restful sleep.
Warshak, 40, could face more than 20 years in prison and his company could have to forfeit tens of millions of dollars.
Prosecutors claimed customers were bilked out of $100 million through a series of deceptive ads, manipulated credit card transactions and the company's refusal to accept returns or cancel orders. They said unauthorized credit card charges generated thousands of complaints over unordered products.
Warshak's mother, Harriett Warshak, also was convicted of conspiracy, bank fraud and money laundering.
posted by Fergie @ 2/22/2008 07:40:00 PM
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