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EPISODE · Jun 13, 2026 · 1 MIN

Ken Mattson Backs Out of Guilty Plea

from Real Estate News Today | 2 Min News | The Daily News Now!

Ken Mattson, the Sonoma developer accused of running a $100 million Ponzi scheme, has backed out of a plea deal that would have sentenced him to 12 years. His lawyers now insist he’s not guilty to all nine felony charges—including wire fraud and money laundering—and the case is headed back to trial. Prosecutors say Mattson deceived hundreds of mostly retired investors, promising real estate returns that never came, while lavishly spending the loot on cars, mansions, and estates. The jury trial is now looming—and whether Mattson’s last-minute reversal will shake up the timeline remains uncertain. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9cc1451667674a4f

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