Biz Radio Network

The most popular program was the weekly Genius Meets Streetsmarts, featuring Arthur Laffer and Dan Frishberg, who also hosted The MoneyMan Report.

Among the featured programs were Lifestyles Unlimited, presented by Del Walmsley, The Ray Lucia Show, and The Moneyman Report with Dan Frishberg.

[citation needed] Biz Radio lost $1.6 Million between January and August 2009, although performance improved considerably with an injection of capital from several media partners.

Instead, the SEC alleged, the money was used to prop up the ailing Biz Radio Network and a related investment advisory firm, Daniel Frishberg Financial Services (DFFS).

Kaleta is also alleged to have used investors' money to pay $1.6 million in personal expenses, including $10,000/monthly credit card bills and a Mercedes.