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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.