I recently heard of this happening. An unlicensed financial advisor arrested for running a Ponzi scheme, bilking clients out of millions(ala Bernie Madoff). I heard radio stations running his show were fined huge amounts of $$$$.
If the station is unaware that a time broker or advertisers is doing something illegal, how could they be held liable?
If the station is unaware that a time broker or advertisers is doing something illegal, how could they be held liable?