TV/Talk Show Host Sentenced For Ponzi Scheme

The Sun Sentinel reports Anthony F. Cutaia, a TV and radio talk show host in South Florida, has been sentenced to more than four years in prison. Cutaia stole $1.56 million from listeners and viewers that trusted him.

Cutaia claimed he was using his financial expertise to help people capitalize on the real estate boom and bust. But instead, he took money from his "clients" and blew it on casinos, trips, cars and houses, among other things.