Bad Signal

When Randy Angle disappeared, he left behind a multimillion-dollar fortune in a two-way radio -- and an ugly secret

Asked what that meant during a deposition that fall, Dana said, "That means I hold you accountable for the things that have been done for $12 billion."

"Where did you get the number $12 billion?" Collier asked.

"I guess the same way people come up with $11 million for lawsuit judgments," Dana replied.



wide selection of mainstream and independent comic books. Such outlets are a dying breed.

wide selection of mainstream and independent comic books. Such outlets are a dying breed.

Randy Angle, left, and Richard Youngblood in 1984, the year Angle began his radio business.
Arthur Nichols
Randy Angle, left, and Richard Youngblood in 1984, the year Angle began his radio business.

Related Stories

More About

Dana Angle agreed to the settlement, according to a videotape made of the September 1999 deposition. Yet, for reasons nobody can explain, she declined to sign it and, like her husband, went underground.

All that was left for Paula to do was liquidate the business through the court-appointed receiver, James Chiles, who is also an expert in the local communications business.

For the bulk of Angle's licenses, there was one obvious buyer. Since the late '80s, Nextel had been buying up hundreds of local operators in the two-way radio business in order to obtain airwaves on which to expand its cellular phone system. The 800-MHz range, one of several available to two-way radio operators, is also suitable for cellular phones. Using digital technology, their capacity could be vastly increased, several operators in the business explained.

By this spring, Chiles had completed the sale of Angle's frequencies to Nextel and raised another $300,000 by selling another set of frequencies to Delta Communications.

Paula is now remarried and raising five children -- ages three months to 9 years -- at a rural ranch whose location she'd rather not discuss. "Nobody comes up my road; I'd like to keep it like that," she says. She and her new husband had their own child, and each brought two into the marriage.

She says she's using her new wealth to bring some stability to her family -- something she never felt before. "My husband and I have a normal relationship, and I can see now my parents didn't," she says. "Right now I'm getting counseling to get that taken care of. I have a lot to get behind me."

« Previous Page
 |
 
1
 
2
 
3
 
4
 
5
 
All
 
My Voice Nation Help
0 comments
Sort: Newest | Oldest
 
Dallas Concert Tickets
Loading...