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Apocalypse Predictor Radio

The end may be near for a California evangelical radio network used by a preacher to predict -- incorrectly -- the apocalypse. The Contra Costa Times reports Oakland-based Family Radio has sold its three largest radio stations and laid off longtime staff members.

Tax records show Harold Camping's nonprofit network saw its net assets drop to $29.2 million by the end of 2011, from a net worth of $135 million four years earlier. Former and current insiders tell the newspaper donations have dropped almost 70 percent since Camping's Rapture prediction proved incorrect last year.

 

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