Indicted developer Mattson built Sonoma real estate empire as he was engaged in longstanding fraud, prosecutors say

Months later, Hayes drove to Sonoma County and pulled up property records, including at Sonoma City Hall. He was stunned at what he found for 230 E. Napa St. “He never put me back on the deed,” Hayes said. “I gifted $625,000 to him for nothing in return.” Even more galling, he noted that one … Read more

Disgraced Sonoma developer Ken Mattson pleads not guilty to wire fraud, money laundering charges

Mattson appeared before a U.S. District Court judge in San Francisco, looking ahead, stone faced, through much of the hourlong hearing. Embattled developer and Sonoma real estate investor Ken Mattson had his first appearance in federal court in San Francisco Friday after being arrested Thursday and indicted on nine felony counts stemming from what federal … Read more

Longmeadow man pleads guilty to $19M loan scheme: identity theft, wire fraud

A Longmeadow man pleaded guilty Tuesday to using fake tenant documents to secure over $19 million in loans for real estate businesses he co-owned with his wife, which he then defaulted on, federal prosecutors said. Louis R. Masaschi, 59, pleaded guilty in federal court in Boston to identity theft, two counts of wire fraud, and … Read more