Porn Superstar Kayden Kross Indicted On Two Felonies
Porn superstar Kayden Kross will be appearing in federal court on Oct. 14th to be arraigned on charges of grand theft and real estate fraud both of which are felonies.
Following a lengthy investigation by the FBI, Kross was arrested at LAX following her trip to New Zealand. Scott Fayner has the scoop on Kayden’s arrest and the back story of the charges.
A disabled Veteran and his wife, along with their four children, lived in a house they could no longer afford. So the house went into foreclosure. Bummer.
Kayden Kross knows a mortgage broker, who in April of 2006 tells her of a family that needs help and would she like to do a foreclosure bailout on the house to both buy property and help out a family in need? Kayden says yes.
So now Kayden owns the house, and the family pays her rent. Everyone is happy.
Meanwhile, Kayden buys another house the same way, and takes a $30,000 loan on each house’s equity (at 125% interest) plus another $35,000 each to go into escrow accounts. In total, Kayden borrowed $130,000 against her new houses.
Then she vanished into thin air. The mortgage payments on the houses stopped being paid, and the family was kicked out.
Meanwhile, Kayden went and sold the titles for the two houses for $10,000 a piece.
She now had $150,000 that didn’t really belong to her.
That’s where her trouble started.
And that’s pretty much where we stand until Kayden’s arraignment.
That’s a pretty serious story right there. If true, Kayden could be facing some serious prison time. Nothing can kill a porn career (or any career for that matter) faster than a lengthy sentence in federal prison. Obviously, we don’t want to jump to any conclusions before all the facts are out and she’s had her day in court, but I hope for her sake that this is all some kind of misunderstanding.
UPDATE:
Kayden’s ex-boyfriend weighs in on the matter.
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