. >> we first told you about the missing money trail of hal katz. joce sterman broke the story and is here with a katz business partner who is feeling the pain. >> reporter: back in june gordy bunch bought half the stock at one of katz' company. he said he spent a million bucks and had no idea the insurance provider was unstable. he called katz the maryland madoff. >> hi. i'm hal katz. >> reporter: katz, nonfor these outrageous commercial -- known for these outrageous commercials is at the center of an investigation. he is 50% owner of an insurance provider. that's interstate. he said he had no idea katz' company was broke we he bought it. the shorn's administration found fraud, too, discovering $800,000 that should have gone between two of katz' companies but never moved. the company hasn't been paid premiums from the katz' agency for 2012. they've been essentially taken over as part of a state agreement and are operating legitimately. if you want to know more about his operation, just go to the investigator section on our website abc 2news.com. >>