In this morning's News-Press they take Burt Saunders to task on his "inaccuracies" regarding his involvement with YTB. I wonder if there will be any response from Burt or from YTB.
Granted, this is a response from his opponent's Campaign Manager, but he does accurately document the following discrepancies:
- Burt says he owns no stock. The SEC says he does.
- Burt says he began with YTB in June 2008. Records show his involvement dating to 2007.
- Burt says the only compensation he received from YTB was $11K from his Board service this year. Records show that he received much more dating back to 2007as a "consultant".
Jeff Cohen sums it up pretty well when he says:
Between his work as a paid consultant and the due diligence he presumably performed before agreeing to join YTB's board, Burt Saunders should have understood instantly that YTB was a house of cards. He should have come to learn about the countless Better Business Bureau complaints lodged against YTB. He should have known about the countless legal complaints that have flooded the Florida Attorney General's Office and other law enforcement offices in other parts of the country. Burt Saunders should have known about the unethical pattern of insider business dealings at YTB that helped to enrich other board members. He should have known that it was only a matter of time before law enforcement officials would take action to stop the YTB pyramid scheme in its tracks. It's also troubling that as a former candidate for Florida's attorney general, Burt Saunders fails to see the myriad problems with his involvement with YTB, even as the Illinois attorney general is pursuing an investigation into this pyramid scheme and in the wake of the California attorney general's lawsuit to shut down YTB. A simple Google search of YTB is all it would have taken to see this company for what it is really.
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