Radio Exec Pleads Guilty To Embezzlement, Wins Lottery Prize
October 5, 2009 at 5:39 AM (PT)
Longtime radio executive PAUL LYLE pleaded guilty to a felony theft charge for embezzling approximately $87,750 from former employer AMERICAN MEDIA INVESTMENTS to feed a lottery scratcher addiction THURSDAY (10/1), but during his preliminary hearing, LYLE discovered that he had won $96,000 in cash and prizes in a KANSAS LOTTERY "second-chance drawing" contest on SEPTEMBER 20th.
The JOPLIN GLOBE reports that the prizes, including a boat and NASCAR tickets along with $2,000 cash, will help pay partial restitution (after taxes) to AMERICAN MEDIA INVESTMENTS, where he served as COO until MAY. LYLE is likely to be placed on probation in the case.
Update: It has since come to ALL ACCESS' attention that there 's more than one PAUL LYLE in radio. The aforementioned LYLE is not the same person as S. PAUL LYLE, a 31-year radio vet out of NASHVILLE who used to work for CITADEL and DICK BROADCASTING, and who now works for GO RESOURCES.