Indicted Chicago Real Estate Developer A No-Show In Court

Law360, Chicago (June 06, 2014, 2:28 PM ET) -- Warren Barr III, the Chicago real estate developer indicted last month for allegedly running a $23 million mortgage fraud scheme, failed to appear for his arraignment Friday, with authorities questioning the excuse that he is stuck overseas because of visa problems.

Barr’s attorney, Michael King of Edwards Wildman Palmer LLP, said in Illinois federal court that his client took an extended business trip to Saudi Arabia and is having trouble obtaining an exit visa to return to the U.S. — an explanation that did not sit...
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