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Pleasanton Car Shop Owner Charged in $28M Ponzi Scheme

Federal authorities have arrested Kenneth Mattson, a 63-year-old real estate investor from Sonoma and former owner of a specialty car consignment shop in downtown Pleasanton, on charges related to a $28 million Ponzi scheme that allegedly spanned over a decade. The U.S. Department of Justice (DOJ) revealed that Mattson is facing a nine-count indictment for wire fraud, money laundering, and obstruction of justice, unsealed this Thursday. Mattson, known locally for operating the now-d

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23 May 2025 04:13 AM 970 views

Pleasanton Car Shop Owner Charged in $28M Ponzi Scheme

Federal authorities have arrested Kenneth Mattson, a 63-year-old real estate investor from Sonoma and former owner of a specialty car consignment shop in downtown Pleasanton, on charges related to a $28 million Ponzi scheme that allegedly spanned over a decade. The U.S. Department of Justice (DOJ) revealed that Mattson is facing a nine-count indictment for wire fraud, money laundering, and obstruction of justice, unsealed this Thursday. Mattson, known locally for operating the now-d

Real Estate

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Pleasanton Car Shop Owner Charged in $28M Ponzi Scheme

Pleasanton Car Shop Owner Charged in $28M Ponzi Scheme

Karnataka Cabinet Reshuffle Likely Amid Congress Discontent

Central Government Takes Steps to Halt Disinvestment of Visakhapatnam Steel Plant Amid Protests

Yuzvendra Chahal Opens Up on Divorce with Dhanashree Verma and Struggles with Depression

Major Fire in AP Escientia Advanced Sciences Kills 18 Workers; AP Government Announces Compensation

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Karnataka Cabinet Reshuffle Likely Amid Congress Discontent

Central Government Takes Steps to Halt Disinvestment of Visakhapatnam Steel Plant Amid Protests

Yuzvendra Chahal Opens Up on Divorce with Dhanashree Verma and Struggles with Depression

Major Fire in AP Escientia Advanced Sciences Kills 18 Workers; AP Government Announces Compensation

Bomb Threat Forces Partial Evacuation at DC Hotel Amid Political Summit

Congress Marginalized as National Conference Forms Government in Jammu and Kashmir

Move Over HbA1c: Plasma Glucose Test May Detect Diabetes Better in India

Monetary policy

Court Allows Trump White House Ballroom Project To Proceed For Now

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#investmentscam

Pleasanton Car Shop Owner Charged in $28M Ponzi Scheme

Pleasanton Car Shop Owner Charged in $28M Ponzi Scheme

Karnataka Cabinet Reshuffle Likely Amid Congress Discontent

Central Government Takes Steps to Halt Disinvestment of Visakhapatnam Steel Plant Amid Protests

Yuzvendra Chahal Opens Up on Divorce with Dhanashree Verma and Struggles with Depression

Major Fire in AP Escientia Advanced Sciences Kills 18 Workers; AP Government Announces Compensation

Bomb Threat Forces Partial Evacuation at DC Hotel Amid Political Summit

Congress Marginalized as National Conference Forms Government in Jammu and Kashmir

Move Over HbA1c: Plasma Glucose Test May Detect Diabetes Better in India

Monetary policy

Court Allows Trump White House Ballroom Project To Proceed For Now

New Ninja Kidz Action Park opens with 20 attractions for families and kids

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