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‘A classic Ponzi scheme’: FBI agents arrest Ken Mattson on charges of bilking millions from clients

Summary by The Press Democrat

The disgraced real estate investor was arrested in a Napa parking lot early Thursday morning. He faces seven counts of wire fraud and single counts of money laundering and obstruction of justice.

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The Press Democrat

‘A classic Ponzi scheme’: FBI agents arrest Ken Mattson on charges of bilking millions from clients

The disgraced real estate investor was arrested in a Napa parking lot early Thursday morning. He faces seven counts of wire fraud and single counts of money laundering and obstruction of justice.

1 day ago·Sonoma, United States

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SEC Charges California Investment Manager With Alleged 15-Year Ponzi Scheme

From 2007 to 2024, Kenneth Mattson allegedly convinced hundreds of people to hand over at least $46M, paying back old investors with new funds.

19 hours ago

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The Press Democrat broke the news in Sonoma, United States 1 day ago on Thursday, May 22, 2025.

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