▁into ▁a ▁fifteen - year ▁career ▁as ▁a ▁financial ▁talk ▁radio ▁host ▁heard ▁on ▁over ▁ 1 7 0 ▁stations ▁in ▁the ▁U . S ▁including ▁W OR - AM ▁and ▁WM CA - AM ▁in ▁New ▁York ▁City . ▁ ▁The ▁Son ny ▁Blo ch ▁Show ▁featured ▁such ▁prominent ▁guests ▁as ▁Chem ical ▁Bank ' s ▁Ir win ▁K ell ner ▁and ▁Federal ▁Reserve ▁Chair man ▁Alan ▁Gre ens pan . ▁ ▁Fra ud ▁schemes ▁▁ ▁Blo ch , ▁his ▁son , ▁and ▁associ ates ▁had ▁alleg edly ▁been ▁involved ▁in ▁a ▁variety ▁of ▁invest ment ▁fra ud ▁schemes . ▁ ▁One ▁scheme ▁sold ▁interest ▁in ▁gold ▁bars ▁that ▁were ▁actually ▁painted ▁ordinary ▁metal ▁bars . ▁Many ▁of ▁his ▁invest ment ▁recommend ations ▁caused ▁his ▁listen ers ▁to ▁lose ▁millions ▁of ▁dollars ▁because ▁the ▁true ▁financial ▁vi ability ▁of ▁the ▁schemes ▁were ▁impro per ly ▁hidden ▁from ▁invest ors . ▁ ▁Many ▁of ▁the ▁invest ment ▁scheme ' s ▁back ers ▁paid ▁to ▁appear ▁on ▁the ▁Son ny ▁Blo ch ▁Show ▁and ▁consp ired ▁with ▁Blo ch ▁to ▁hide ▁the ▁fact ▁that ▁many ▁of ▁these ▁involved ▁companies ▁that ▁were ▁already ▁failing . ▁ ▁One ▁scheme ▁solic ited ▁paid ▁" members hips " ▁with ▁the ▁proceed s ▁used ▁to ▁pay ▁for ▁the ▁purchase ▁of ▁a ▁group ▁of ▁radio ▁stations ▁in ▁Florida ▁and ▁Connecticut . ▁ ▁Another ▁p iv otal ▁scheme ▁for ▁which ▁Blo ch ▁was ▁ind icted ▁involved ▁the ▁sale ▁of ▁un register ed ▁shares ▁over ▁the ▁radio , ▁which ▁is ▁illegal .