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                                                               PUBLIC NOTICE

        Business Watchdog alleges that Itex Corporation (Itex), an international merchandise sales company, led by CEO Steven White, is a criminal enterprise.  

1.     Documents provided to Business Watchdog by the business records department of 46 U.S. states (excluding CA, NV, OR, and WA) reveal that, since 1999, Itex has continually defrauded these states by concealing its robust business activity to evade taxes on an estimated $2.3 billion of sales.

2.     Itex is scamming its regional brokers and members by concealing it cannot legally sell brokerships, memberships, and collect commissions in 46 states. 

3.     Evidence provided by an Itex member shows that Itex conducted, and is possibly continuing to conduct, an illegal interstate gambling and debt collection operation in Northeastern United States.

4.     Eighteen companies reported Itex's wrongdoing, including obtaining access to customers' bank account and embezzling funds.  

5.     The Securities and Exchange Commission (SEC) prosecuted Itex for defrauding stockholders (SEC LR-16305 and LR-6437) and accounting fraud (SEC File No. 3-10714).  The SEC prosecutions resulted in settlements.

  6.     Business Watchdog does NOT recommend doing business with Itex until it ceases its unethical business practices and becomes a trustworthy member of the business community.  

                                                        (see: BusinessWatchdog.info)