Name Charles Payne Children Charles Payne Education Central Texas College | Spouse Yvonne Payne Role Broadcaster | |
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Similar People Neil Cavuto, Stuart Varney, Dagen McDowell, Andrea Tantaros Profiles | ||
Organizations founded Wall Street Strategies | ||
Becky strikes again fox business host charles payne suspended after allegations from scottie hughes
Charles V. Payne (born November 15, 1960) is a Fox Business Network contributor and host of Fox's Making Money with Charles Payne. He was formerly co-host of Varney & Co. He joined the network at its launch in October 2007. Payne is also a contributor to the Fox News Channel, frequently appearing on shows such as Cashin' In, Cavuto on Business, and Bulls and Bears. In addition to his work with Fox, Payne also hosts his own daily syndicated talk show, The Payne Nation, by Sun Broadcast Group.
Contents
- Becky strikes again fox business host charles payne suspended after allegations from scottie hughes
- Charles payne returns to fox business
- Biography
- Publishing
- Personal life
- References
Charles payne returns to fox business
Biography
At 17 years old, he enlisted in the United States Air Force and went on to serve as a security policeman stationed at Minot Air Force Base in Minot, North Dakota. Payne attended Minot State University and Central Texas College while in the service. Payne began his career on Wall Street as an analyst at E.F. Hutton in 1985.
Payne is also the chief executive officer and principal financial analyst of Wall Street Strategies, an independent stock market research firm he founded in 1991.
In 1999, Payne settled with the SEC over a complaint alleging that on at least eight occasions, Wall Street Strategies recommended that its clients purchase members stock through recorded messages on its telephonic stock recommendation service. The complaint also alleged that Payne failed to disclose that he received payments from members to promote members stock. Without admitting or denying the alleged violations, Payne consented to the entry of a permanent injunction against violations of Section 17(b) of the Securities Act of 1933. In addition, Payne agreed to pay a civil penalty of $25,000.
Publishing
In 2007, Payne released his first book titled Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market.
Personal life
Payne is a resident of Teaneck, New Jersey. He is married to Yvonne Payne. In July 2017, Payne was suspended by Fox Business pending an investigation after a former network guest, Scottie Nell Hughes, accused him of rape. Payne denied the charge, but acknowledged having had a three-year-long "romantic relationship" with Hughes before the accusation was made. Hughes, who kept an apartment near Fox's Manhattan headquarters for the duration of the affair, claimed she believed it would help her obtain a permanent position at the network. Her appearances were drastically reduced after she ended the affair in 2015 and reported Payne to Fox. On September 8, 2017, Payne's suspension was lifted.