entered his plea before the U.S. District Court of Northern Illinois at the
Dirksen Federal Building in Chicago.
Ballentine is due back in court on June 4 and has a trial
date set for Nov. 4, a court official said. He was released on his own
A source had
exclusively told Redding News
Review that Ballentine would plead not guilty this week.
A federal grand jury charged him with two counts of bank
fraud, two counts of making false statements to lenders, and one count each
of mail fraud and wire fraud in a six-count indictment on Jan. 24, according
to the Chicago Defender. The indictment also calls for forfeiture of about
He owns the Law Office of Warren Ballentine, LLC, in
Illinois, according to the Chicago Defender.
His talk radio show has also since been dropped from
syndication by Syndication One/Reach Media, an official with the network
said. The show is being conducted by other hosts.