FORMER BROADCAST EXECUTIVE CHARGED WITH THEFT

February 26, 2002

Contact: Lynn Kimbrough, 720-913-9025

Former television executive Scott McDonald surrendered to authorities today in connection with a new felony theft charge. McDonald was sentenced in December 2001 after pleading guilty to securities fraud and is currently serving a 12-year sentence in Community Corrections.

 In connection with the new case, McDonald (DOB: 10-30-72) is charged with one count of theft of more than $15,000 (F3).

 The new charge alleges that in May 2001 McDonald "borrowed" $75,000 from an out-of-state victim with the representation that it would be invested in a Krispy Kreme franchise, secured by stock.  The money was never invested as represented nor was it secured or repaid.

 McDonald surrendered today and was released on bond.  His next court appearance is scheduled for 9:00 a.m. March 12, 2002 in Denver County Court, room 12T, to be formally advised of the charge against him.

 The presumptive range for sentencing on a class 3 felony is 4 to 12 years in prison.

*The filing of a criminal charge is merely a formal accusation that an individual(s) committed a crime(s) under Colorado laws. A defendant is presumed innocent until and unless proven guilty. See Colo. RPC 3.6