One of the main concepts I teach about financial crimes is that fraudsters seek to create false images of stature and integrity in an effort to gain the trust of their potential victims. Apparently, Herbalife Ltd. (NYSE: HLF) is employing the same playbook used by fraudsters in an effort to create a phony image for itself.Last week, the company claimed to be an “American made company” on a twitter account called “Herbalife Truth” which was created to counter allegations by Bill Ackman that it is running an illegal pyramid scheme. However, the cover page of Herbalife’s 10-K report states plainly that its principle executive offices are…
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