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Thursday, September 8, 2011

Former CA Financial Hosts Charged With Dozens of Felonies.

58-year-old Kenneth Powell and 62-year-old Kathryn Rose were arrested Wednesday after prosecutors charged them with crimes ranging from fraudulent land deals and misappropriation of more than $3 million in investor funds. Each defendant is charged with dozens of felonies. Bail is set at $1 million each. Powell and Rose were known as "Ken and Katie" when they hosted weekend radio infomercial shows called "Academy of Real Estate," "Money Intelligence" and "The Ken & Katie Show" on Ventura radio station KVTA owned by Gold Coast Broadcasting

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