A Denver grand jury indicted former KDVR (tv) managing editor Scott McDonald for securities fraud, forgery and theft.
McDonald is accused of bilking several high profile Denver personalities - including the station's consumer reporter Tom Martino - out of money intended for investment but allegedly used to support McDonald's gambling.
McDonald told B&C in May that he would do all he could to repay the investors. The possibility of repaying the alleged victims could keep prosecutors from seeking a stiff jail term, according to local reports.
- Dan Trigoboff