A year has passed and the end is here. Kayden was sentenced on Monday and gets one day in prison and three years probation. The records I have doesn’t say anything about paying restitution or any damages to the family of six who lost their home. Maybe there are other more extensive records out there that go more into detail about damages and legal fees.
I can’t imagine Kayden walking completely clean and doesn’t have to pay for her crime in one way or another. One day in prison and three years probation is not punishment. That’s a slap on the wrist while a family lost the home they had lived in for the past 15 years.
People are losing their homes everyday. So I can’t see any judge looking at this case and see how it all went down behind the scenes and not make her pay financially.
While Kayden talks about her horses and blogs about her new home, a disabled war veteran, his wife, and their four children lost their home in a scheme Kayden was involved in. Hope all the people that still defend her never fall on bad times and fear where they and their children will be sleeping next.
Kayden was first charged in Superior Court of California with Grand Theft (PC 487 (A) – Felony) and Real Estate Fraud (CCC1695.3 – Felony). The Grand Theft felony charge was dismissed while instead she plead no contest to a misdemeanor on the Real Estate Fraud charge.
If you want to catch up with everything that happened when this case first started, you can start reading on page 12 here on my blog under her category. Or find where it starts on September 17, 2008 and continue reading from the bottom up. Keep on clicking Previous Page instead of Previous Entries.
Porn Star Babylon 
Harvey Dent
July 1, 2009
Will her terms of probation say she should get a real job or they are fine with her being a whore?
Are some civil liabilities for her? She will have to self stuff to pay.
Don Houston
July 1, 2009
One of the problems with our legal system is that regardless of what she participated in (or can be proven), there is a shortage of beds in most prisons and jails. Simply put, society is increasingly less willing to pay to house so many criminals (and for those that dwell on the legalization issue, the number of first time offenders in prison for small amounts of drugs is close to nil).
In Kayden’s case, I doubt she is smart enough to come up with this kind of scheme by herself and the other parties may well be given harsher sentences. Other than that, look at the specifics she was accused of and the culpability of the veteran himself (ie: his house was already in foreclosure because he couldn’t afford to make the payments). The veteran was going to be kicked out in the first place so she delayed it a bit, getting greedy like so many other real estate speculators and then getting busted for what amounts to a paperwork error.
Is she a scumbag? It sure seems like it but all of your blogs in regard to the matter tread lightly when it comes to the fact that the house was getting foreclosed on in the first place (and if the vet couldn’t pay to keep the house in the first place, what makes you think he’d keep up with his rent?). There are plenty of angles left to cover on the story but don’t forget that no one involved in the matter was particularly worthy of sympathy…
frog
July 1, 2009
Darrah, what do you think about calling the D.A., maybe getting an exclusive? The D.A. probably won’t know about your controversial nature. I don’t know, but it makes sense that they would release comments on cases they prosecute.
Harvey Dent
July 1, 2009
Well, Darrah that is one good advice. Just Do It.
Darrah Ford
July 2, 2009
Don, I know she didn’t do this on her own. But she signed those papers and walked away with over six figures.
Last I checked, it’s not a crime to fall on hard times and be poor. They got a young,m pretty blonde to be their face with her fake smile. She knew exactly what she was doing and I also remember something about she telling this man and his family to fuck off. She was also after her partners for more money though she got her cut and also had her utilities paid and a car.
Many people fall into the same situation as that man and his family. They pay a reduced rent until everything is paid for. The rent they gave Kayden was never going to where it should have been. kayden took every check for herself.
Frog, it was a felony case. I doubt any DA would talk to little ole’ me and my porn blog. I got turned down the other day by a lawyer to read Kayden’s court records. So I doubt any DA would talk to me.
Don Houston
July 2, 2009
DF, contact the DA at daoffice@sacda.org and ask for more details on the case. You can also call their public relations person (if they have a dedicated person for the job) but my experience is that they will provide even you with a greater understanding of the case if you ask them.
As far as it not being a crime to be poor and fall on hard times, no it isn’t but then no one ever promised the guy a free home or reduced rent until things got better. Frankly, tens of thousands of people are foreclosed on (more now) when they fall onto bad times without a safety net or the likelihood of lowered payments. I can’t quote exact numbers off the top of my head but even in the People’s Republic of Southern California, it is not common for folks to pay a reduced rent until something is paid for.
Oh, and unless they worked out a “rent to own” deal at a below market rate, those rent checks he gave her were hers to spend as she saw fit. There were a number of issues that the DA’s office swept aside regarding the transactions too but ultimately, they tagged her on a administrative/paperwork charge.
Darrah Ford
July 2, 2009
Why are you defending this cunt? You’re acting like this is done everyday. Would you be talking differently if she wasn’t young, pretty, blonde, and white? She walked away with six figures by stealing the money the family gave her every month and the leans she took out against the home as well. That money was not meant for her to do as she pleases. He gave her the money every month to pay the bills. She never did and pocketed it all herself and also took out the leans against the home.
She also had her utility bills paid and a car given all to her by her partners in this scheme. And she also worked as a stripper. She was making a FORTUNE for someone her age whose only job was a stripper. There was also talk about her not paying taxes either. You act like she’s not at fault for anything and blame the men for it all. I thought I was the one around here who blamed things on men! But here you are blaming in a way this family but making Kayden to look like she’s the victim.
Harvey Dent
July 2, 2009
“DF, contact the DA at daoffice@sacda.org and ask for more details on the case. You can also call their public relations person (if they have a dedicated person for the job) but my experience is that they will provide even you with a greater understanding of the case if you ask them.”
Darrah, stop the phone paranoia and call the DA, is a scoop worth righting for.
Harvey Dent
July 2, 2009
Fuck is writting for!
Don Houston
July 2, 2009
I haven’t “defended this cunt”, only pointed out that the reason the vet went along with the scheme was likely because he was going to lose his house no matter what. He couldn’t afford to make the payments and there was little likelihood that this fact was going to change according to the facts presented in the case file. He probably figured he was buying time but to suggest the lawful owner of the house was “stealing the rent” seems kind of odd, yes?
Take a step back for a moment though. You seem awfully upset that she was making a lot of money at such an early age. Some strippers in Houston pull in several hundred thousand a year (or more), much of it tax free, but I don’t show my class envy over it like you do. You also keep reverting back to her age, her looks, and how easy her life is but that shouldn’t be an issue here.
My points in the thread have largely been to demonstrate some balance in culpability between the participants. Kayden is clearly at fault for some of it as are her partners but you whitewash the veteran and his intentions continuously as though he should have expected something for nothing. Do you know what the EXACT deal they had worked out was? Are you aware that many of those late night “get rich in real estate” infomercials are based on using similar strategies?
Financially speaking, it is extremely unlikely that the veteran was going to pay her enough to cover the full cost of ownership. If he was able to do that, he would not have been in trouble in the first place. Typically, houses rent for less than a full mortgage/insurance is going to cost so unless you have what is referred to as “an angle” (and there are a few of them out there), the difference is what you pay while your renter subsidizes the note.
If you decide to take a loan out on a house you OWN or even walk away from a mortgage, you can legally do so under most circumstances. What snagged her and her scheming partners was not that they got greedy but the whole mortgage crunch making such prosecutions popular. So yes, I fully believe that all of them were as guilty as sin, including the vet you play apologist for, in various ways.
So listen to everyone’s advice and call the fricking DA to get the rest of the story (so I can stop goading you already…lol).
Darrah Ford
July 2, 2009
Now you’re turning this on the vet that it was really his scheme to paint Kayden and her gang as thieves when they weren’t? Federal authorities were on this case for a long time before they arrested her. Her signatures are on all these papers and on the papers she took those leans against the house for. We’ve heard the vet, her ex-boyfriend, and the other guy who she blamed but he let the family of six stay in his home after they lost their home. They all say the same thing while we’ve never heard her talk. This crime is all paperwork. But we also heard the victim speak. The VET!
If it was her own money, than great for her! But if it was her own and not stolen from a family of six with four children now without a home. It’s not class envy for crying out loud. I applaud anyone that can make it big. I think I was the only one rooting for Sasha Grey to make it big in her mainstream movie and go Hollywood. She worked for it and earned it despite she shoots herself in the foot when she opens her mouth sometimes. lol
And about her looks is because she told her ex-boyfriend that she would get off because she’s cute. So not only is she a cunt but she’s an arrogant cunt!
What intentions?? Aren’t you jumping to conclusions?? You’re now painting this man as the culprit and schemed this bitch into his life so he could pin this all on her. You’ve got to be kidding me! Kayden’s partners needed a pretty girl to be their face so the family could trust her. Probably wouldn’t work if the men pulled this on their own. They needed a woman to approach these families who had children and get this woman with her fake smile to approach them and convince them to trust her with their home.
As though he should have expected something for nothing? It’s his fucking home! He expected the people he trusted to hold up their end of the deal. They rent it back to him until it’s all paid off. They get a small fee. Not six figures just for that one bitch!
THE MAN DID NOTHING WRONG. Why are you blaming this man when he was never convicted and never arrested for anything. They arrested her and her partners. She now plead no contest which means GUILTY.
Are you friends with her or anyone at A&E? Or do you have some other type of relationship with her? Because why are you stooping to her level blaming this on a man who lost his home. I hope you never feel the pain that man felt by someone you trusted.
Don Houston
July 2, 2009
DF, you’re reacting emotionally instead of thinking it through. My point regarding the vet was that he was losing his house before KK & co-conspirators ever entered the picture. If the house was already in foreclosure (as one report suggested), he was just about out the door when they jumped in to allegedly “save the day”. By that point in time, his credit score would have dropped below the point where a reputable lender would have given him money and his chances of selling quickly in the housing market of the time practically nil.
There were NO facts supporting the vet simply needed a bridge loan or short term refinancing, the fees and multiple months of non-payment already pretty high. In short, he was what people in the real estate world call “fucked”. Without the means to pay the mortgage, he was at the mercy of the sharks out to suck up whatever equity remained in the property as a delaying tactic.
What I’m suggesting he “did wrong” was believe he could somehow get out of the hole he himself had dug by paying a lesser amount of rent than what the property cost to own. Remember that any loan to someone in that predicament carries with it substantial risk, such lenders typically charge twice as much in interest costs as well as various fees rolled into their “investment”.
I’d like to hear how you reconcile how you believe he could have figured he could pull himself out of debt this way. As far as her legally established guilt, it was not for the felony but a technicality (and believe it or not, real estate speculators make such administrative errors all the time). To reiterate, I never said she wasn’t a shit, nor have I defended her and her partners for doing what a great many assholes do, I only pointed out that the vet must have known he couldn’t rent his way out of foreclosure.
I’m busting my ass to pay off my mortgage in 8 years, having selected a house well under what my mortgage broker and realtor were pushing on me (I was pre-approved for a LOT more house than I bought), doing upgrades and enhancements along the way. Guys like the Vet and others that buy more than they can handle are the reason the economy is in the shithouse today, the government and banking industry allowing them to do so. That is my beef here, not that I’m on friendly terms with several at A&E (not Kayden; who is no longer allowed to blog on Xcritic by the way, hardly indicative of a friendly relationship).
frog
July 2, 2009
Somehow implicating the vet in this travesty.. Just because you screwed someone who was screwed anyway, that don’t make you somehow on par with the guy you screwed.
If Kayden and partners hadn’t come along, it’s entirely possible the vet could have worked something else out. But, he trusted people who turned out to be villians.
Don’t know that this guy was simply being irresponsible with his money. What the real estate agent was selling me when I bought a loft was that you get an ARM now, and just sell it in a couple of years before the deadline where the interest rate on the ARM readjusts. I didn’t buy into that because I wanted to be more conservative with investments when it came to where I was living. But, to make money, you got to take some risks. So, the housing market tanks before he makes his move out and his investment went sour. Nothing immoral or lackadaisical about that. Losing your money is an inherent risk in a capitalist system. He took a risk and it didn’t turn out. I don’t fault a man for that. Failure is a nature part of life. I don’t know that that’s what the vet was doing. But, several people who were in that building I had bought a loft in, that’s what they were looking at. Trying to get out and the market collapsed. Not that they were just spendthrifts.
I don’t know what’s more common, people who just made ridiculous investments or people who were thinking, but their investment went sour. But, calling the vet implicit in a scam he was entirely duped by, I don’t know where you get that Don.
We don’t know that the vet’s an incompetent fool with money. But, we do know that Kayden and company went out intentionally screwing people who were already in a world of shit to begin with.
When I was reading about renting, a common scenario discussed as a pseudo starting point to start thinking about landlording is that yeah, you’ll lose money in the first 3 years, but what your investing in is your ability to pick real estate that will appreciate in that time, at which point you will start making income off rent and the house will appreciate.
The idea that the vet thought he was getting something for nothing, that’s a stretch with no evidence available for.
If you ever see an investment in rental property where you can establish assurance that you can successfully get a mortgage on whatever terms you can, and start making income immediately off rent, that’s an investment you should jump on. It’s not a common scenario.
But, I’m frustrated by the mess with mortgages in this country too. However, my main complaint is with the government. I’ve made investments in stock that went sour before. There was no even idea in my mind that the government would help cover my losses. So people lose money in investments. That’s how capitalism works. For the government to cherry pick who gets helped and who doesn’t, fuck that. Not what capitalism is about at all.
Don Houston
July 2, 2009
Frog, I didn’t say they bore equal amounts of guilt but for DF to suggest KK & Co. were “greedy” and not the Vet strikes me as erroneous. Like you, I am relatively conservative with my money and not looking to make a killing. In terms of buying rental properties, there are a number of ways to make money but a great many more ways to lose it all during a downturn. You can look all across the country to see examples in every state since the dawn of the country where those that buy property to rent take a bath on a regular basis.
The usual idea is that you find an undervalued property, a tenant you can trust with a stable income, and gamble that his rent will cover enough of your expenses to allow the depreciation write off to offset your other income (if you have no other income, it is not as likely that this offset will allow you to take full advantage of the tax breaks). This works in conjunction with the capital asset appreciation in a booming market but the writing was on the wall far sooner that the bubble was bursting, hence the Vet’s dire straits.
In terms of government complicity, it should be stated that Fannie Mac and Fanny Mae regulated the industry in such a way that poor loan risks were required to be given loans backed up by the US government, this leading to the collapse of the system in place (and most of the changes took place during the mid 90’s despite what you may hear from political hacks of either party). My belief that the vet thought he was getting something for nothing stems from the common sense application of the specifics:
If your house in foreclosure, you are going to pay thousands of dollars in fees and all the back payments to get it back (typically three to six months by the time it gets that far since most loans have a few grace months included). This gets reported to the credit agencies and your credit goes to shit so financing becomes increasingly impossible unless you convince the bank that paying the interest only allows them to keep the loan alive on the books until you get on your feet (not too common).
What is left are the speculators that have populated the world since the dawn of time, the sharks, barracudas, and “villains” as you refer to them; the people that will base their interests on the value of the home over the worthiness of the owner. KK bought the house, took out a loan on it, and defaulted. She was found guilty of administrative (paperwork) violations because the DA’s office either wouldn’t be able to successfully prove the case to a jury or they knew how difficult it would be to chance it, pressuring her to cop a plea bargain.
Without more detail, it is difficult to definitively state she was evil incarnate as DF suggests and while I think she was clearly a bitch in what she did, how illegal was most of the extended transaction here? In terms of the Vet, is it not safe to say that he over extended himself or otherwise wasn’t as circumspect as he SHOULD have been regarding dealing with these snakes? Based on my own financial dealings of the past several decades, I’d say he should have done a whole lot more due diligence (like hiring a lawyer to look things over and/or looking the proverbial gift horse in the mouth).
On a side note, I’m not at all for allowing the government to pour hundreds of billions of tax dollars into bailouts that continue the cycle of overpriced properties. There is a reason why my house, if located in most parts of The People’s Republic of Southern California, would cost upwards of $750,000 yet not merit nearly that much here in Texas. Government interference boosted up housing prices beyond what poor disabled vets (and most regular folks too) could afford in that area and requiring the financially prudent out there to pay for the complicity of others is simply wrong. 😦
Darrah Ford
July 3, 2009
Scott Fayner interviewed the disabled war veteran who lost his home:
http://scottfayner.com/?p=552
And so did Gene Ross:
http://www.adultfyi.com/read.php?ID=30285
Gene interviewed the ex-boyfriend and also the mortgage broker. The broker was arrested for some unknown reason.
http://www.adultfyi.com/read.php?ID=30236
http://www.adultfyi.com/read.php?ID=30299
http://www.adultfyi.com/read.php?ID=30421
frog
July 5, 2009
Apparently, one of Don’s tactics when he’s trolling is to be long winded, making it a pain in the ass to carry on the convo… (j/k)
Are you saying KK & Co weren’t greedy?
This has been a common investment scheme (scheme for most people, not scam) with all the foreclosures going on. They buy a house that’s being foreclosed on or is about to be foreclosed on. They figure with real estate at all time lows, that they’re getting a good price on the property which is at least almost at a liquidation valuation. And, they figure that because the family who’s already made a home there, those people will be good, stable renters. Not wanting to move for longer than most renters, because it’s their home and they’ve just hit financial hard times. So, they can’t move.
There’s no “free rent” in it for the vet. I’ve heard about that scheme on the news several times. I was even talking to a real estate agent at a pool party yesterday who’s doing some work for an investor who’s doing that.
Yes, the charge was lowered to a misdemeanor, but the charge was still real estate fraud. Fraud isn’t a mistake. From answers.com, a definition of fraud:
As strange as it is you’re defending Kayden, I’m kind of assuming you don’t find her old boyfriend’s statements trustworthy? What he says is that she took over a 100 thou in loans on the house, then sold the title, while she still had loans out. Who the hell has loans against property they don’t own any more?
Or, she rolled and the broker is going to catch the heat. It makes sense that the DA would want to take down people established in the business. There’s all kinds of public sympathy towards people who were had by financial institutions with regards to their loans right now. Stringing up some scantily clad blond ain’t nearly the prize taking down established businesses who people routinely have to trust with their mortgages. Or, at least some DA out there could see it that way.
Darrah Ford
July 5, 2009
She wasn’t found guilty of anything. She plead down and plead no contest (guilty) to avoid a trial.
frog
July 5, 2009
Yeah, during the Clinton administration. They were trying to help out the poor by making sure they got mortgages. Instead, all they did was give them enough rope to hang themselves, and the rest of us, with.
And, after all this bailout money, next on Obama’s check list is nationalizing health care. That’ll be another trillion. We’ll never pay all that money back.
But, I just look at what the CBO has said about Obama’s proposal and shake my head. My guess is that health care is where Obama’s administration gets stuck in a quagmire, just like Bush got stuck in a quagmire in 2003 in Iraq and never really ever got anything else huge done.
frog
July 5, 2009
I think even if you plea no contest and there is no trial, the court still has to find you guilty before they can sentence you.
Surely Don will be along soon enough swinging his elbows around to explain it all.
Harvey Dent
July 5, 2009
“And, after all this bailout money, next on Obama’s check list is nationalizing health care. That’ll be another trillion. We’ll never pay all that money back.”
Even worse Frog, the money you already have is going to end worthing less and less, so who cares about Obama’s trillions? Some day a trillion will buy you what a million does.
Don Houston
July 5, 2009
Frog, the scheme was common enough that the California legislature enacted protections so specific that merely using the wrong typeface in a document is grounds for the same punishment as KK, a very guilty co-conspirator, received. This stuff happened in 2005 and the police/DA’s office essentially sat on it most of the time because it isn’t as easy to prove when you have conflicting statements (of course we never get to hear that because the trio that keep this alive don’t want to report the whole story, just focus on KK’s criminal activity).
And yes, when you plead no contest the court enters your plea and finds you guilty (I was poking fun at DF for continuously using improper terms with different meanings than what she thinks they have). Still, she allows herself to be pigeonholed by the folks at XPT in regards to what she “is” or “is not” so my faith in her has dropped a bit of late but her explanation on LIB spoke volumes as to her perceived self worth…
Frog/Harvey, yeah the bailouts and stimulus packages that have been praised endlessly by the left wingers are at least as insane as anything Bush did in his crappy tenure in office but to hear some in the industry, he’s doing a wonderful job. I wonder if Chatsworth has a modicum of ostrich genes running in the water or if its just the Kool Aid some are drinking…
DF, I strongly suspect KK pled guilty because it saved her a ton of money in legal fees as well as limited her exposure for her role in the heist, oops, I meant fraud, of that idiot veteran.
billy
July 5, 2009
There must be some way to blame Sharon Mitchell for this. Darrah get to work.
Harvey Dent
July 5, 2009
Lack of psychological testing for sociopaths at AIM?
frog
July 5, 2009
I’m thinking Mike South didn’t just run around PS Babylon making inane attempts to sue. He also ran around those other two sites you mention – I’m assuming they’re Fayner and AdultFYI. Darrah’s too stubborn to just let threats prevent her from looking into it. But, then you add in 1.) she just did this blog as something for fun to begin with. Digging through DA responses and making sure she gets everything right, that sounds like work. 2.) She is supplying steady, but this ain’t one of her more energetic times on the blog. And, 3.) the weird thing she’s got where the idea that friends are wrong sometimes being blurrier in her mind than other people’s – prolly just because she’s female. You get into those three, and even without the obvious false threats at lawsuits, it just gets into meddling with stuff Darrah’s not that crazy about messing with anyway.
Meanwhile, Mike South’s got a big smile on that goomba face because he feels like he’s conquered the porn media! Even though the indie porn media is apparently pretty lazy to begin with and it really, apparently, doesn’t take that much conquering to begin with. And, the mainstream porn media, they got no interest in ticking anyone off, might lose advertising that way. As raucous and political as the porn industry is to begin with, I’m sure that’s happened to them in the past.
But, in South’s defense, what he did probably was based off wisdom from his experience. He’s had jackasses come in an threaten to sue him over content on his blog. So, he knows what it takes to get someone else off his story when he needs to.
I’m reading tea leaves here, but I wouldn’t be surprised if I’m right. At least in the sense of the larger idea being right if not the details. Because, as has been noted in these comments, it wouldn’t take much to find out quite a bit more as to what happened here.
Harvey Dent
July 5, 2009
“Frog/Harvey, yeah the bailouts and stimulus packages that have been praised endlessly by the left wingers are at least as insane as anything Bush did in his crappy tenure in office but to hear some in the industry, he’s doing a wonderful job. I wonder if Chatsworth has a modicum of ostrich genes running in the water or if its just the Kool Aid some are drinking…”
Cindy and KayRyan are Premier Obambi big cool aids drinkers, all my anti Obamabi post got lost in Moderation.
Obama so far is doing far more crazier things that Bush, he has outspend Bush in 8 moths! I think that Bush was hugely irresponsible in 8 years, I was wrong! Obambi blew him out of the water.
But I expected that from him. Is I were American I would have closed my nose and voted for old Macca.
In the meantime, Im buying Gold Certificate in Switzerland (were my gold cannot be nationalized as FDR and Hitler did) and start buying classic Gold coins and guns and stash them in safe places. I think that by 2012 things are going to get real hairy.
frog
July 5, 2009
Don’t know why I’m bothering, this should go without saying, but I don’t know that I’d take anything those guys say about politics too seriously. They make pornography for a living.
Natal
July 6, 2009
So, basically this Vet guy had financial problems and needed money. So he got involved with this “scheme” with KK and associates where he sold the house to her (ie she was the owner), then leased it back from her. Presumably she was free to do whatever she wanted with that money (that’s how every other rent/lease agreement works). Lease agreements generally don’t stipulate that the owner apply those proceeds to repayment of mortgages. After a certain amount of time, she was supposed to sell it back to him. But, instead, she sold it to someone else in the meantime which, as the owner, I’m guessing she was free to do (unless these things work differently in the US – where I live owners are allowed to sell their property). This is if I’m reading the interview correctly. Correct me if this is not the case.
I don’t see what exactly the problem was, other than a breach of contract (if there was indeed such a contract). I suspect the legal issue was not so much her relationship with the Vet, but what happened afterwards with third parties.
Sucks for the Vet, because instead of helping him, these folks were not unexpectedly helping themselves. Unless this guy was a complete idiot, he must have understood that he was taking a risk that essentially involved trusting a stranger. And he would have done so because he believed he had few other options.
Btw, harping on him being a Vet is irrelevant. Being a vet doesnt make you a better person than anyone else, it just means you served in the military in some capacity and that has no bearing whatsoever on this case.
Harvey Dent
July 6, 2009
“Unless this guy was a complete idiot, he must have understood that he was taking a risk that essentially involved trusting a stranger. And he would have done so because he believed he had few other options.”
That is how cons work, people are desperate enough or greedy enough to do a foolish business operation.
Still, cons are a crime everywhere.
If not Bernie Maddoff would not be in jail.
Don Houston
July 6, 2009
From AVN (also not crediting the crack investigative reporting done by the “trio of twat”):
http://business.avn.com/articles/35767.html
Kayden Kross, Victim of Mortgage Scam, Pleads ‘No Contest’
Grand theft charges dismissed; she’ll do no jail time
By Mark Kernes
07/06/2009
SACRAMENTO – In late May, 24-year-old porn star Kayden Kross pled “no contest” to misdemeanor charges arising out of a mortgage scam which reportedly targeted cabaret dancers with little if any financial training and large disposable incomes.
“The situation was, I basically was talked into purchasing two properties that were in foreclosure by a broker who stood to make a lot of money by brokering the transaction,” Kross told AVN. “It was a super-sophisticated transaction that I knew nothing about; it fell apart; the numbers were shaky, and the broker was just setting it up to get his fee and run, so that really screwed me up. I didn’t know what I was doing or supposed to be doing, and I still don’t know exactly what I did wrong and exactly what was illegal about it.”
“The thing that they got me on was not filling out a contract with the people I bought the property from,” she continued. “The people who I bought the property from were people who, through all of this, were trying to get money out of me, and basically through the two and a half years or however long it’s been, they have been in the police station every single day, annoying the hell out of police officers, trying to get them to make a case against me so they could get a settlement out of me, and they got me on the technicality that there was no written contract, and they had never actually prosecuted anyone for that in the history of Sacramento.”
Kross was sentenced to one day in jail for the offense, but was given credit for “time served”: The day she self-surrendered and was booked, which meant that Kross spent no time behind bars. Additionally, charges of grand theft which had previously been lodged against her were dismissed. She was also given three years of what she described as “informal probation,” which she began serving almost immediately.
While Kross declined to discuss what other obligations she may have incurred pursuant to the charges, such as any payments to the occupants of the foreclosed houses which she had bought, she assured that, “Everything that I have to do has been done.”
As for how Kross got into the situation in the first place, she blamed her own naivete.
“Everyone who knows me knows I’m not the type of person who will intentionally screw someone over,” she said. “I just got pulled into a situation I knew nothing about. I was trying to refinance my own house, and he was the broker, and he and the mortgage lender are the two people who did this to me. Actually, I wasn’t the only girl they did this to; their general MO [modus operandi] was to take girls who had cash, which are usually house girls, and – cash and a good credit score which was all they needed, so a few girls got pulled in. The did the same thing on all of us.”
Kross said she didn’t know how many dancers had been similarly scammed.
“I haven’t been in the loop,” she explained. “I’ve actually done my best to stay as far away from it as possible. But they pulled this scam on a number of people, and a number of people got pulled into the legal system because of this, so it’s unfortunate. My advice is never give your social security number to somebody you haven’t done your research on.”
Kross said that Adam & Eve, to whom Kross has been under contract, had been “extremely supportive” through the whole situation, and recently renewed her contract for a second year.
Darrah Ford
July 6, 2009
What do you mean by trio of twat?
frog
July 6, 2009
Natal:
I’m thinking we have another insider anonymously trying to sway opinion. Because that is exactly what Kayden claims in the AVN article that had to have been posted after, but not long after Natal makes that comment.
Natal:
Most bigger business deals involve trusting a stranger. I’ve bought and rented houses. Never once was it from someone I knew and trusted.
From AudltFYI, is Is Kayden Kross As Innocent as She Claims?:
Apparently it wasn’t a straight out sell and rent like I surmised earlier. Darrah mentioned something about it being rented for a year until stuff was paid for. I guess that paragraph is what she was talking about.
Don:
Not that Don was implying it, but I don’t know how that article makes AVN any better than the trio of twat. Even Darrah tried contacting Mike South for comment. The only difference is that AVN got a response out of Kayden, and they posted it as a story verbatim. They didn’t try to contact the DA either. They don’t even have a thing in there “unavailable for comment” about the DA. Like the trio wants to concentrate on Kayden’s guilt, AVN just wants to concentrate on her story about how she’s so naive and had no idea the vet wasn’t supposed to lose his house.
Pretty much what I thought before. AVN’s intent is just not to offend anyone in porn who might have ties to people who would advertise. It’s pretty safe too assume they weren’t offending Kayden or Mike South, or else Kayden just wouldn’t have commented.
I remember something about Mike South having AVN ties. Wouldn’t surprise me if his finger prints weren’t on this article also.
Don Houston
July 6, 2009
“What do you mean by trio of twat?”
The three of you write about women in the porn industry. 🙂
“And that all the authorities got her on was not filling out the right paper work. She can say that to herself till she’s blue in the face and try convincing others as well…”
Well, she convinced the District Attorney’s office of it, pled to a misdemeanor to avoid tens of thousands in legal fees without serving hard time or paying substantial fines, and Mark’s article is at least as credible as anything the trio wrote (actually more if you make that phone call to the police department, haven’t spoken to the DA’s office yet).
Natal, I see the matter much like you have though on a technical level, there had been so much fraud and other wrongdoing in the California real estate market (much of it contributing to collapsing the rest of the market in fact) that their legislature passed a law listing very specifically what each party to the transaction must do. There are still a great many loopholes that allow an owner to do as they please but they must comply with the administrative paperwork lest they be charged with stuff like misdemeanor crimes (as pointed out, the law even specifies what size typeface is to be used).
So yes, despite denials, KK is now a convicted criminal just like everyone that has paid a speeding ticket or spent a night in jail for being drunk in public.
Darrah Ford
July 6, 2009
You’re so full of shit. If Scott, Gene, or I contacted the DA, you would still attack us and still defend Kayden. What makes you think Scott and Gene didn’t contact the DA but never got a comment? Mark’s piece is a fluff piece and he didn’t interview anyone effected by this except for the criminal.
Fuck you! You’re such an ass to be comparing what she did to a speeding ticket. Anyone looking at her records will see what she’s done and plead down to is far worse than a speeding ticket.
Don Houston
July 6, 2009
Did you see KK blowing Mark or otherwise engaged in sexual conduct with him? “Nuff said!
PS: Witch hunts have never appealed to me much, nor have star chambers. It’s a good thing you’ve repeatedly stated you’re not a writer since it will weaken your ability to remain private after these latest rants (should Mark want to pursue it)…
Darrah Ford
July 6, 2009
Why are you commenting on the wrong post?
Darrah Ford
July 6, 2009
And please. AVN has long been talked about for receiving favors from porn stars in exchange for fluff pieces and awards.
Don Houston
July 6, 2009
As an AVN voter myself, and one that has never received so much as a wink or hug, I’d ask you prove the allegation for that too.
Darrah Ford
July 6, 2009
I’m sure Mark wouldn’t mind people thinking he and Kayden were an item for a night.
billy
July 7, 2009
Darrah, you use the word “talked to” “heard about” and “opinion/editorial” when you should be using the word “GOSSIP.”
There is nothing wrong with being a gossip writer. Even major news organizations run gossip colums. Just dont call it something that it is not. A perfect example of this is three posts above…”AVN has been talked about….” WHo has been doing that “talking”, you guessed it, the GOSSIP sites.
Darrah Ford
July 7, 2009
Well yes it is considered gossip because it will never be published as fact. But I’ve read it on blogs and forums for years about all the allegations.
Natal
July 12, 2009
“frog Says:
I’m thinking we have another insider anonymously trying to sway opinion. Because that is exactly what Kayden claims in the AVN article that had to have been posted after, but not long after Natal makes that comment.”
Well, I don’t live in the US, so I’m not sure how much of an “insider” I can be. I hadn’t read what Kayden said in her interview, the only thing I read when I posted was what the Vet said in HIS interview and surmised the likely events from that.
I could be wrong, but as far as I can tell the folks in the adult entertainment business (especially the performers) are not exactly the most stable, sophisticated folk around. Her version of events would not be unreasonable given that.
This scheme is full of people trying to take short cuts with money, and when those sorts of things fall apart I doubt you will hear the truth from ANY of them. They will all claim to be victims in one way or another (because no one wants to be the one left holding the bag), but the reality will be somewhere inbetween. In a way these people are all fish in a barrel, and when the bullets start flying in they are all going to be squiriling around to avoid being hit. Such is human nature and the American way.
“frog Says:
Most bigger business deals involve trusting a stranger. I’ve bought and rented houses. Never once was it from someone I knew and trusted.”
Those sorts of things are not anywhere near as complex though, and are generally mediated through standard procedures involving third party institutions (such as a bank, or city regulation).
When you enter into a major business arrangement with a bank it is usually safer than when you enter into a major business arrangement with a stripper (or the guy living down the street, or some other random individual). Most people understand this.
frog
July 13, 2009
Natal, We could go back and forth a lot, but it’s all based on interpretation, which has already been beat to death in the comments here. Nothing new comes to mind based on what you’ve said.
Check the link below for what was the latest comments going back and forth and see if you have anything new to offer, or want to throw in your own interpretation having read all that.
Mark Kernes interviews…
frog
July 13, 2009
Natal, the reason it’s ‘alleged’ not to just be simple breach of contract is because it looks ilke she maliciously took the money from the deal, so it would become theft.
But, looking back. Yeah, you’re probably not an insider. That simple defense about it just being breach of contract is obvious when you’re not so worked up about it.