LADUE, MO. — In December 2007, Bonneville International Corp. agreed to sell a historic AM serving the St. Louis market since April 1922. The station, then with the WIL-AM calls, is today KZQZ-AM 1430 and is owned by Entertainment Media Trust (EMT).
When the $1.2 million transaction was done, Dennis Watkins was noted as EMT’s Trustee. Documents showed Watkins as the 100% interest holder in the Belleville, Ind., entity.
It turns out that wasn’t exactly true. Following a multi-year inquiry, the Media Bureau has determined that an individual convicted of felony offenses for obstruction of justice and bank fraud actually controls them.