WSBR-A Talk Show Host Charged With Fraud
June 8, 2011 at 5:42 AM (PT)
BEASLEY Talk WSBR-A (MONEY/TALK RADIO)/BOCA RATON brokered show host ANTHONY F. CUTAIA has been charged by Federal prosecutors with defrauding investors by creating a Ponzi scheme. CUTAIA hosted "Talk About Mortgages and Real Estate," on a local television station as well as WSBR. He also ran real estate and mortgage businesses.
THE SUN SENTINEL reports, "CUTAIA turned himself in on FRIDAY (6/3) and later was released after posting a $410,000 bond, according to ALICIA VALLE, a spokeswoman for the U.S. Attorney's Office. Neither CUTAIA nor his attorney could be reached for comment."