George Jarkesy: Conservative Talking Head, Host to Radio Show in Investments, Gets Slammed by SEC
A local radio host who splits his time between spouting right-wing dogma and offering investment advice has been hit with a cease-and-desist order from the Securities and Exchange Commission.
George R. Jarkesy, Jr. hosts a show on KTEK-AM 1100 (Official motto: "Yes, We Exist"
and is semi-syndicated in a handful of other cities and on local cable.
Jarkesy gives financial advice and is big in the Eagles & Angels Association, which deals with venture capitalists and companies looking for investors.
The SEC filed an order March 22 claiming Jarkesy, his partners and his company John Thomas Capital Management defrauded investors via two hedge funds and improperly bloating their fees.
More at http://blogs.houstonpress.com/hairballs/2013/03/george_jarkesy_radio_fruad.php .
[font color=green]The hedge funds claimed to have $120 million in investments in 2011. Jarkesy has also appeared on Fox Business News.[/font]
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