Brett Bogus, former KTEK-AM Houston talker, who offered financial advice to his listeners, has been charged with a felony, says a KPRC-TV story. Bogus, 54, has been charged with Misapplication of Fiduciary Property and is accused of shorting a client approximately $75,000 in a gold transaction.
“They say his name is perfect for him. He’s got the best name in the world, Brett Bogus,” complainant, John Menna said.
For years, Bogus touted the benefits of trading paper money for gold on his weekday radio show, “The Meltdown,” which mostly recently aired on Salem’s KTEK. Bogus paid for the air time. The show has since been cancelled.
“If I had read the internet before I came across him, I would never have done business with him,” Menna, said.
Menna, a retiree, is not confident he will recover his money.
“There are several people who are owed a lot of money,” Bogus told KPRC at his retail store, “The Gold Exchange” located at 113 First St. in Humble.
Bogus would not talk about previous legal trouble in North Carolina and California, but did tell KPRC he has “full intention of making restitution.”
On Wednesday, Bogus remained free on $150,000 bond, and his retail location remains open for business.