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

Silicon Valley
Phil Barber @ Silicon Valley · today 09:01 EDT

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

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.

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