Saturday, August 30, 2008
Smiling Bob - The Feeling of Inadequacy
Steven Warshak the president of Berkley Premium Nutriceuticals which make the supposed Male enhancement drug Enzyte was sentenced by Federal Judge Arthur Spiegel of the 6th District U.S. Circuit Court to spend the next 25 years in Federal prison for being guilty of 93 counts of conspiracy, fraud and money laundering.
He was found to have bilked consumers out of over $100 million with a scheme that caused consumers to be billed on their credit cards for products they did not order. His advertisements which are still running on TV were found to be deceptive. The company also refused to refund money to irrate consumers that had asked for their money.
The company was made to forfeit $500 million in assets.
Other company officials that did not cooperate with Federal prosecutors were also sentenced to serve time in prison. These included vice presidents, the company's on staff attorney and accountant, Warshak's sister and brother and also Warshak's 75 year old mother who was active in the company and a board member.
When asked to comment Smiling Bob had only this to say, "I feel emasculated."