California Real Estate Fraud Report

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“Ken” of “Ken & Katie Show” in Ventura Pleads Guilty to Real Estate Fraud

The first of three persons has pleaded guilty in a real estate fraud case in Ventura County.

Former “Ken & Katie” radio show host Kenneth A. Powell, 58, admitted his guilt in committing 15 felonies according to Ventura County District Attorney Prosecutor Miles Weiss. The crimes include grand theft, theft of an elderly person (elder financial fraud) and multiple aggravated white-collar enhanced crimes.

Powell’s alleged co-conspirators, co-host Kathryn “Katie” Rose, 62, of Woodland Hills, and Paul Charles Lascola, 69, of Thousand Oaks, have also been charged in this real estate investment fraud saga.

The “Ken & Katie” show, which aired on KVTA/1520 AM, was one of three radio infomercials, the other two being “Academy of Real Estate” and “Money Intelligence.”  In all, investors from Ventura, Santa Barbara and Los Angeles counties lost $3 million.

Read the original article in the Ventura County Star.

© Copyright 2007-2018 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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