Nu Skin Inventory Red Flags Even After $50M Impairment

Nu Skin Inventory Red Flags Remain Even After $50 Million Impairment Charge by Sam E. Antar, White Collar Fraud On July 22, 2014, I warned investors that Utah-based multi-level marketing company Nu Skin Enterprises, Inc. (NYSE:NUS)’s surging inventory levels might lead it “to recognize a material impairment charge against inventory in a future period.” On August 4, 2014, in a follow-up blog post co-authored with Zac Prensky, we warned investors about a massive inventory pile up in Mainland China. On August 6, 2014, Nu Skin reported its second quarter 2014 financial results and recorded “a $50 million write-down of Mainland China…