Daniel Frishberg: Houston's "MoneyMan" Settles With SEC

Keep Houston Press Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Houston and help keep the future of Houston Press free.

Breaking news: There is something called "BizRadio" in Houston, as far as we can tell on 1110 AM, and its big personality is Daniel "The MoneyMan" Frishberg.

More breaking news: Frishberg has just settled a complaint from the SEC and will be reimbursing investors $65,000 for money invested in the BizRadio network.

In court documents, the SEC said Frishberg advised clients of Daniel Frishberg Financial Services to invest in BizRadio, promising great rewards.

Frishberg somehow didn't tell clients, the SEC says, of BizRadio's "poor financial condition and the conflicts of interest presented by Frishberg serving as CEO of both DFFS and BizRadio."

Frishberg did not admit or deny the allegations as part of the settlement, which was released Friday.

We'd tune in to see if he mentions it on his radio show, but we're still not convinced it exists.

Keep the Houston Press Free... Since we started the Houston Press, it has been defined as the free, independent voice of Houston, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Houston with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.


Join the Press community and help support independent local journalism in Houston.


Join the Press community and help support independent local journalism in Houston.