Home URBAN Former Manager and Accountant Indicted in Theft from Radio Station

Former Manager and Accountant Indicted in Theft from Radio Station

men indicted on charges of stealing money from a Christian station are accused of trying to get 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 , 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 that there were some irregularities. The indictments don’t even all of the money we believe is missing,” 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 . 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 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 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 year. The next such fund-raiser is scheduled for the week of December.