Former Station Owner's Fraud Conviction Vacated
August 31, 2010 at 4:15 AM (PT)
Former NORTH CAROLINA Insurance Commissioner and radio station owner KEVIN GEDDINGS has been exonerated by the same judge who convicted him of fraud and imprisoned him over three years ago, reports the CHARLOTTE OBSERVER.
GEDDINGS was convicted in 2006 of fraud for not disclosing having been paid $250,000 by a lottery company in the years before his appointment as Insurance Commissioner, but the U.S. Supreme Court two months ago narrowed the interpretation of the fraud statue used to convict GEDDINGS, thus making what he was accused of doing no longer fraudulent. He was released less than a week later, and Judge JAMES DEVER ordered the conviction vacated and his $25,000 fine repaid.
GEDDINGS and his wife KRIS PHILLIPS owned and sold WKMT-A (later WDYT-A)/KINGS MOUNTAIN-CHARLOTTE and WXNC-A (formerly WKRE-A)/MONROE-CHARLOTTE and bought Talk WAOC-A and Sports WFOY-A/ST. AUGUSTINE in 2006. PHILLIPS, who served GEDDINGS with divorce papers while he was in prison, remains the licensee of the ST. AUGUSTINE stations.