On July 17, 2013, attorney Patrick Mahoney was quoted in an InvestmentNews article concerning “Follow the Money” radio talk show host, Patrick Kiley, who was sentenced to 20 years in prison for engaging in a ponzi scheme.
Patrick’s contribution to the article is referenced below:
“Financial regulators are zeroing in advisers — and those who hold themselves out to be advisers — who take to the airwaves and social media to offer investment guidance, according to Patrick Mahoney, owner of the Law Office of Patrick Mahoney.
‘You can’t get much more unsophisticated [in investing] than the average Joe listening to the radio,’ Mr. Mahoney said. ‘It’s easier now more than ever for an unqualified person to give advice. We’re in a really unprecedented environment.'”
The article, “‘Follow the Money’ radio host gets 20 years in prison” is available HERE.
For more information about this topic or related topics, please Email Attorney Patrick Mahoney.