Bay Area real estate mogul Ken Mattson has reversed his decision to plead guilty to federal fraud charges, according to a letter from U.S. Attorney Craig H.
Missakian. - Mattson will not plead guilty on June 15, 2026, and will maintain his not guilty plea.
- The government now intends to request a jury trial at the next court hearing in Oakland. - Mattson was indicted in May 2025 on charges of wire fraud, money laundering, and obstruction of justice.
- Investors, including Denise Gitsham's 86-year-old mother, are frustrated by the delay and loss of life savings. The case involves properties across California, including many in Sonoma County, and has drawn attention from activist groups.