Source: OhioNewsNow.comOwner Of Herbal Supplement Company Found Guilty Of Fraud
Southwest
Feb 22 2008 5:11PM
CINCINNATI-
A federal court jury has found the owner of a company that sells "male enhancement" tablets and other herbal supplements guilty of bank fraud and money laundering.
Steve Warshak is founder and president of Berkeley Premium Nutraceuticals, distributor of Enzyte and a number of products alleged to boost energy, manage weight, reduce memory loss and aid restful sleep.
Television ads for Enzyte feature "Smiling Bob," a goofy, grinning man whose life gets much better after he uses the product.
Warshak could face more than 20 years in prison and his company could have to forfeit tens of millions of dollars following the verdict on Friday.
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"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."
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