blow the whistle
$show the love

Ponzi schemes: McDonough lawyer to prison, Hoschton broker pleads guilty

November 5, 2009 --

Federal prosecutors announced action in two unrelated Ponzi schemes this afternoon: Former McDonough attorney Steven H. Ballard, 53, was sent to prison for five-plus years for a scam that netted more than $1 million, and former Hoschton mortgage broker Edward William Farley, 47, pleaded guilty to fraud charges involving more than 150 victims and $20 million in losses. Farley will be sentenced in February. Read the news releases…

Disbarred McDonough attorney admits $2 million Ponzi scheme

July 9, 2009 --

News release from the U.S. Attorney in Atlanta: STEVEN H. BALLARD, 53, of McDonough, Georgia pleaded guilty today in federal district court to committing a real estate investment scam that lasted over five and a half years and defrauded over a dozen victims in Georgia, Florida and Tennessee.

Baker: PSC’s vote for new chairman broke Georgia law

June 8, 2009 --

Attorney General Thurbert Baker ruled today that Georgia’s utility-regulating agency acted illegally last month when it chose a new chairman. Baker ruled that state law establishing the process for choosing a chairman is constitutional and the commission did not have the authority to rule otherwise. The PSC now must decide whether to abide by the […]