An embattled Sonoma real estate mogul has been arrested by federal agents and is accused of operating a Ponzi scheme, the U.S. Department of Justice announced.
Kenneth Mattson, 63, has been indicted on allegations of wire fraud, money laundering and obstruction of justice, prosecutors said.
The DOJ alleges that Mattson got wind of an investigation into his business practices by the U.S. Securities and Exchange Commission last year and he deleted thousands of files relevant to his case…