"RELATED: Indicted Bay Area real estate mogul is living in a $6 million house. His creditors want him evicted. More stunning was an application filed Wednesday by the unsecured creditors committee representing the interests of the more than 600 people who invested in LeFever Mattson's real estate acquisitions. The committee sought permission to subpoena Tim LeFever's mother-in-law, alleging that the company transferred millions of dollars to her. Bankruptcy Judge Charles Novack granted the application the same day."
"Kathleen Hamlin is 83 and lives in Dixon, a couple miles from her daughter, Amy LeFever, and Amy's husband, Tim. The committee's subpoena application claims LeFever Mattson transferred more than $2.4 million to Hamlin, including more than $1.6 million in the year leading up to the bankruptcy filing. The panel now identifies her as a litigation target. Coincidentally or not, the committee and lawyers representing LeFever Mattson entered into mediation with Tim LeFever this past week."
Attorneys for multiple parties compelled co-founder Tim LeFever into mediation during the LeFever Mattson bankruptcy. Federal prosecutors accuse Ken Mattson and others of a Ponzi scheme that allegedly bilked hundreds of clients of tens of millions over about 15 years. An unsecured creditors committee representing more than 600 investors moved to subpoena LeFever's 83-year-old mother-in-law, Kathleen Hamlin, alleging the company transferred over $2.4 million to her, including $1.6 million in the year before the bankruptcy. The committee seeks documents from Hamlin, her advisers, and family about connections to several nonprofits and entities tied to the case. A judge granted the subpoena.
Read at www.pressdemocrat.com
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