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Trials and Arbitration

Former national radio host spared prison for fraud

Former national radio host spared prison for fraud

A former national radio host found guilty of mortgage fraud last year left a federal courthouse Tuesday appearing grateful after being sentenced to probation instead of prison time. Prosecutors have said Warren Ballentine, 44, formerly of Country Club Hills, acted as the real estate lawyer at closings involving more than two dozen fraudulent loans that bilked lenders out of almost $10 million. A jury in October found him guilty of six counts of mail, wire and bank fraud as well as making false statements to financial institutions. But at Tuesday's sentencing hearing, U.S. District Judge Matthew Kennelly said the evidence presented at trial proved Ballentine's criminal...