Has Salem Communications finally figured it out? Dan Frishberg “The Money Man” off the Air?

At times, as I’ve followed the Dan Frishberg scam saga, I’ve been mystified by how a company like Salem Communications could keep Dan on the air spewing his nonsense all the while knowing that he’s been busted by the SEC for wrongdoing.  Perhaps I’m wrong, but it appears that someone at Salem has finally come to their senses and removed Dan from his lofty broadcast position.

Seems Houston station 1110 KETK was (for all practical purposes) the home base for BizRadio – Dan Frishberg’s company that effectively defrauded millions – most of which won’t be recouped.  The station was up for sale and as of this writing I do not have confirmation of whether that has taken place yet.  But what is clear is that Dan Frishberg is no longer listed in the stations program line up.  The program line up link is listed here:  http://www.business1110ktek.com/  and note…Dan Frishberg “The Money Man” is no where to be seen.

Has Salem come to their senses?  Perhaps they now see that Dan Frishberg is a liability.  There is little doubt, especially in Houston, that Dan Frishberg’s actions which cost investors millions was nothing more than a glorified Ponzi scheme.

Months ago…many it seems, I also reported that Salem Communications had expanded Dan Frishberg’s coverage beyond Houston to Miami’s WZAB 880 AM and Atlanta’s WAFS 1190 AM – as I look at those web sites today I get mixed messages.

First – WAFS 1190 AM in Atlanta does NOT show Dan Frishberg on their program line up.  Here’s the link:  http://biz1190.com/schedule/ but he is listed as one of their personalities.  Which is it – is he on or is he off?  Here’s the personality link:  http://biz1190.com/personalities/

When it comes to WZAB 880 AM  in Miami – is has been reported that Dan Frishberg was preparing to move to Miami as it was a bit too hot in Houston for him to continue his financial connections.  Perhaps he felt the pickins were better in Miami.  Either way, WZAB still shows Dan Frishberg in the program line up.  Here’s the link:  http://www.880thebiz.com/schedule/

Kinda interesting – here’s what it says about Dan Frishberg on the WZAB site:  “Dan Frishberg grew up in New York and has spent over 40 years studying money and the markets; especially the people who make up those markets. His life’s work has been to strip away all the jargon and finance babble. He talks about money in a unique language: plain English. Frequently appearing as a guest expert on CNBC television, Dan brings unique insights and a down-to-earth approach to investing.”

Perhaps it should say –

Dan Frishberg grew up in New York and has spent over 40 years studying money and the markets; especially the people who make up those markets. His life’s work has been to strip away all the jargon and finance babble, as well as people’s money as he has been charged by the SEC with investor fraud where Texas residents lost millions. He talks about money in a unique language: plain English, and sometimes that talk is so slick that it is quite persuasive even though Dan’s intent may not be for the consumers good. Frequently appearing as a guest expert on CNBC television, Dan brings unique insights and a down-to-earth approach to investing, which he is now banned from by the SEC.  We are proud to feature on our station a person who no longer has the right to offer investment advice, but has a clear way of communicating financial psycho babble so that investors can have no idea what’s really happening to their money.

Seems that the above is a bit more honest and transparent…but who am I to say…?

OOPS PROGRAM NOTE:

According to “The Money Man” website the following has been posted:

The MoneyMan Report Contract with KTEK Houston has ended. The station is currently in the process of being acquired by new owners. We expect the show to be back on the air in Houston in a few weeks.

In the meantime, Texas listeners can catch Dan on the live stream at 7am Central time each morning, by clicking on this link. Or simply click the “Listen Live” tab and tune into 880 The Biz, Miami.

Perhaps there is more to the story…stay tuned and let’s see what shakes out.  Maybe Salem isn’t that smart…maybe they really don’t care who broadcasts on their stations – even a person who’s been banned from investment advice by the SEC – Dan you really are “The MoneyMan”.

YOUR COMMENTS ARE WELCOME!

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6 Responses to Has Salem Communications finally figured it out? Dan Frishberg “The Money Man” off the Air?

  1. Biz Free says:

    Finally, it’s safe to turn on the radio in Houston and not have to listen to a bumbling fool!

  2. Bob Willems says:

    Interesitng. I wish Frishberg and Kaleta (AKA Biz Radio Partners) would pay my company for the work we did. Biz Radio Partners wrote my company postdated checks (As a collection agreement)then they stopped payment on them. THis they did while still operating in Houston, worth over $1000.00 to my small business for products and services we provided to Biz Radio. I wonder if any other small businesses got left holding the bag like we did. Great investment advice. Just don’t ever pay your bills.
    In my opinion, they deserve to be in jail.

  3. frishberg is a criminal says:

    Dan Frisbherg and Frishberg is damn lucky he isn’t reading this from his jail cell..

    Dan Frishberg: Ponzie Scheme
    Dan Frishberg invested our money in a Ponzie scheme that defrauded many many people out of millions of dollars. This is a current and ongoing case. We investors haven’t been paid back a cent. In my opinion this guy is a narcissistic spoiled brat who will do ANYTHING to keep new money coming in to his hands.

    Dan Frishberg was our financial manager. Instead of investing the money we gave him Dan Frishberg put our money in a Ponzie scheme and used our money to pay his own personal expenses and his own bills, including paying for his Mercedes, buying hundred of thousands of dollars of art work and paying for his office rent, only to name a few. The SEC caught him shut it down! Now the money we gave Frishberg is frozen up with the SEC.

    It was the SEC that gave the above written facts. If you dont believe this information call any SEC telephone number and simply ask about Dan Frishberg. They’ll repeat word for word the above facts.

    http://www.sec.gov/litigation/complaints/2009/comp21293.pdf

    SEC Toll-Free Investor Information Service:
    1-800-SEC-0330

  4. frishberg and wife are trash says:

    fan drishberg and his wife are 100% trash. they are the lowest forms of life and should be scooped up by the next street sweeper that rolls by.

  5. sugar meter says:

    glucose tester…

    Has Salem Communications finally figured it out? Dan Frishberg “The Money Man” off the Air? « Motivational Speaker – Chuck Gallagher Business Ethics and Choices Expert…

  6. What is Non Verbal Communication…

    […]Has Salem Communications finally figured it out? Dan Frishberg “The Money Man” off the Air? « Motivational Speaker – Chuck Gallagher Business Ethics and Choices Expert[…]…

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