Radio Facts
2007thru2010Radio

Manager and Accountant Indicted in Radio Station Theft

Two men indicted on charges of stealing money from a Christian radio station are accused of trying to get away with more than $24,000 in credit card transactions and bad checks, the Lucas County Prosecutor’s Office said. Richard L. Waldron, who was the station’s general manager, was indicted by a Lucas County grand jury this week for grand theft and six counts of forgery. Jack L. Karsten, Jr., its former public accountant, was indicted for tampering with records and evidence. The money was found missing in the spring of 2008 from WPOS-FM (102.3). Both men left the station later that year. “We knew that there were some irregularities. The indictments don’t even cover all of the money we believe is missing,” Al Gaige, the station’s general manager, said yesterday. He described the situation as a “sad” series of events. The station is part of a ministry that has existed for 43 years. It now finds its reserves have been depleted, Mr. Gaige said. The charges against Mr. Karsten stem from evidence that he committed fraud in a manner he hoped would cover up the crime and would impair the investigation, according to Dean Mand ros, chief of the criminal division of the prosecutor’s office. A statement issued by WPOS said the radio station’s board of directors discovered the problem in May, 2008. “As a result, WPOS has changed its financial and accounting procedures. The ministry of WPOS remains strong, vibrant, and committed,” the statement said. The station said in August it had cut back on numerous expenses, from health insurance to concert promotions. WPOS has an annual operating budget of $400,000 to $450,000. Much of its revenue comes from a “share-a-thon” the station holds every year. The next such fund-raiser is scheduled for the first week of December.

Related posts

Jennifer Hudson Receives NAB Television Chairman’s Award

Digital and Radio Facts

Bruno Mars World Tour

RF Staff

Sunni Puric Joins WHUR Middays, Bringing Energy to DMV Radio

Digital and Radio Facts

iHeartRadio Jingle Ball Tour 2025 Returns

Digital and Radio Facts

CBS Radio Houston Efforts During Hurricane Harvey

Digital and Radio Facts

Which TJMS Personality Got an Emmy Nomination?

Digital and Radio Facts

Kyle Santillian Morning Show WJMH – 102 Jamz/Jay Cole

Digital and Radio Facts

Rickey Smiley Morning Show at WEDR Replaced with WHO?

Digital and Radio Facts

Steve Harvey Show: George Foreman Assault Accusations

Deborah Walker

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy