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Archive for Saturday, February 23, 2008

Supplement company owner guilty of fraud

February 23, 2008

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— 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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