Ken Mattson Fights 9 Felony Counts in $100 Million Ponzi Case
Updated
Updated · The Real Deal · Jun 21
Ken Mattson Fights 9 Felony Counts in $100 Million Ponzi Case
1 articles · Updated · The Real Deal · Jun 21
Summary
Ken Mattson reversed course days before a planned guilty plea and told a federal court he will contest nine felony counts, sending the Sonoma County real estate fraud case toward a jury trial.
Nine charges include wire fraud, money laundering and obstruction of justice tied to allegations that he bilked hundreds of investors out of $100 million over 15 years through LeFever Mattson Properties Management and KS Mattson LP.
Dozens of mostly retirement-age victims came to Oakland expecting to deliver statements after his earlier plea-change signal, only to see the case remain unresolved.
July 1 is the next key date, when Judge Jon Tigar will set the trial calendar after prosecutors pushed for a November start and Mattson's lawyer sought summer 2027.