Radio Host Faces 30 Years In Prison For Mortgage Scam
He called himself the 'People's Lawyer' and claimed that his nationally syndicated radio show had 3 million listeners. His name is Warren Ballentine, and it took a jury less than 90 minutes today to convict him on six counts related to a $10 million dollar mortgage scam.
Ballentine was not expecting a guilty verdict. Reports are that he was calling this vindication week, and both he and his 35,000 Facebook followers expected an acquittal. The allegations against Ballentine were that he used so called straw buyers to purchase real estate that they never intended to live in. The government says that he coached these mortgage applicants to lie.
This post appeared On Ballentine's Facebook page Friday afternoon
Ballentine is an attorney and a former prosecutor. His show focused on the theme of black empowerment, and was syndicated by Radio One. His big name guests have included President Obama, Hillary Clinton, and Al Sharpton. He faces up to 30 years in prison.
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