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As a Bay Area real estate mogul stands accused of fraud, his favored lender comes under scrutiny


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At 70 Moon Mountain Road facing Sonoma Highway, structures under construction, on a lot purchased by Ken Mattson, remain in various stages of development, Wednesday, March 22, 2023. (Kent Porter / The Press Democrat file)

Indicted investment adviser Ken Mattson built his real estate empire in large part on loans from hard-money lender Socotra Capital. With Mattson now accused of running a Ponzi scheme, Socotra's loans to Mattson's business are coming under scrutiny in criminal and bankruptcy cases.


Originally published at Phil Barber
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