- Associated Press - Sunday, September 24, 2017

SIOUX FALLS, S.D. (AP) - The owner of a South Dakota radio station has shut down the station and closed his remaining properties after a ruling from state banking regulators.

Owner Chuck Brennan took KBAD-FM off the air Saturday night. A statement on the radio station’s home page says KBAD and all of the remaining Badlands Entities properties are closed and up for sale.

The announcement comes 10 days after South Dakota banking regulators revoked the lending license for Brennan’s Dollar Loan Center stores in Sioux Falls and Rapid City. The state Division of Banking shut down the stores after learning the short-term loan company was charging 36 percent interest and charging late fees if loans were not repaid in a week.

Trump asks nation to pray over his impeachment, says he's done nothing wrong
AOC blames racism for lack of 'police in riot gear' at Virginia gun-rights rally
Record-breaking 100,000 people want tickets to Trump rally in New Jersey

Brennan’s empire once included a motor speedway, a rock ‘n’ roll academy and a sprawling pawnshop.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2020 The Washington Times, LLC.

Please read our comment policy before commenting.


Click to Read More and View Comments

Click to Hide