Conservative Christian radio host Pat Kiley urged listeners to invest with him, and...

[Eric J in MN]

...some of those listeners regret giving him their money.

Video:
http://www.startribune.com/local/55891337.html


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http://www.startribune.com/business/51050852.html?elr=KArks:DCiUBcy7hUiacyKUnciatkEP7DhUr

Investors try to get their money back

Investors are struggling to withdraw from a Twin Cities currency exchange program embroiled in a lawsuit.

By DAN BROWNING, Star Tribune

...The currency arbitrage strategy attracted investors nationwide and internationally with promises of segregated accounts, quick liquidity, low volatility and annual returns of 10.5 percent or more. It relied on the use of banks compliant with Islamic law, called Sharia, to essentially provide interest-free loans that could be used to make bets that certain currencies would fall in value.
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His show was broadcast around the country, but do you know if any Minnesota stations played his show?

[Avidor]

1. According to Kiley's archived website... KSTP-AM

http://tinyurl.com/kileyKSTP

Kileys bio here:

http://www.podcastharbor.com/media/finance/pat_kiley/who_is_pat_kiley.html

This forum has a lot of interesting comments:

http://www.forexpeacearmy.com/forex-forum/managed-accounts/2737-universalbrokeragefx-com-pat-kiley.html

[Eric J in MN]

3. Thanks. I'm not familiar with most of the KTSP hosts. NT

NT

[The Velveteen Ocelot]

2. Rule of thumb: When a business advertises or promotes itself as "Christian,"

you better hang onto your wallet.