Saturday, September 22, 2007
XM pulls plug on Dryer program - The Denver Business Journal:
XM pulls plug on Dryer program - The Denver Business Journal:: "XM Satellite Radio on Friday said it has canceled a paid program featuring Fredric 'Rick' Dryer, founder of Englewood-based Mile High Capital Group LLC, after learning about Dryer's legal problems. 'The advertorial aired once and it won't air again,' said Nathaniel Brown, a spokesman for XM. Dryer, the founder of Mile High Capital Group LLC, last year was indicted on 67 felony charges ranging from theft to securities fraud for his involvement in an alleged real estate Ponzi scheme. A trial for Dryer, who has pleaded not guilty on all the charges, has been set in Denver District Court next February. XM Satellite Radio on Friday said it has canceled a paid program featuring Fredric 'Rick' Dryer, founder of Englewood-based Mile High Capital Group LLC, after learning about Dryer's legal problems. 'The advertorial aired once and it won't air again,' said Nathaniel Brown, a spokesman for XM. Dryer, the founder of Mile High Capital Group LLC, last year was indicted on 67 felony charges ranging from theft to securities fraud for his involvement in an alleged real estate Ponzi scheme. A trial for Dryer, who has pleaded not guilty on all the charges, has been set in Denver District Court next February. "
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