Breaking News Bar
updated: 1/28/2013 4:17 PM

Radio host indicted in $10 million fraud case

hello
Success - Article sent! close
 
Associated Press

A suburban lawyer who hosts a national radio talk show has been indicted for defrauding lenders out of nearly $10 million, authorities said.

The U.S. attorney's office in Chicago announced the charges against Warren Ballentine on Monday.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The 41-year-old is accused conspiring with others to secure more than two dozen fraudulent mortgage loans.

The six-count federal indictment includes charges of bank and wire fraud. Each count carries a maximum prison term of 30 years. The indictment also seeks the forfeiture of nearly $10 million.

Ballentine's arraignment is set for Feb. 5

Prosecutors say Ballentine owns a law office in suburban Country Club Hills but now lives in Durham, N.C. There's no current listing for his law office and a residential number for Ballentine in Durham didn't answer.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here