Syndicated Talker Warren Ballentine Charged In Mortgage Fraud Case

                                  

SYNDICATION ONE radio talk show host WARREN BALLENTINE has been indicted by a federal grand jury on mortgage fraud charges, reports the CHICAGO TRIBUNE.  The six counts include bank fraud, false statements, and mail and wire fraud.
BALLENTINE, who hosts a syndicated daily show, is being charged by the U.S. Attorney's Office in CHICAGO with taking part in a $10 million scheme to acquire nearly 30 fraudulent mortgages between DECEMBER 2004 and MAY 2006.
On his FACEBOOK show page, BALLENTINE declared his innocence, asserting that he "made a standard fee on closings. In ILLINOIS a buyers attorney doesn't handle any of the documents till closing so as this proceed u will see that I'm in this because I have a name. No big payday no knowledge of the paperwork. I know some may say everybody says their innocent. Well Iam if u ever bought a house how much you pay ur lawyer 500 bucks at the most what lawyer would be part of a scheme and make a standard fee? INNOCENT."
An appearance is scheduled for FEBRUARY 5th at federal court.