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Victim Of Kayden Kross Scam Speaks Out

September 22nd, 2008 | No Comments | Posted in Adult Industry, News

Last week we told you about Kayden Kross being indicted on multiple felonies relating to a real estate scam she allegedly pulled. Since then the company she has a contract with has spoken out, her ex-boyfriend has spoken out, her attorney has spoken out, as well as various porn industry pundits.

Now the person who allegedly got scammed by Kross is giving his side of the story. Scott Fayner has apparantly woken from his decades long coke fueled haze to become somewhat of a real journalist. His coverage of this story has been top notch and he deserves major porn kudos for tracking down the victim in this case.

The alleged victims in this case are a disabled veteran named T.J. and his family. Scott Fayner recently spoke to T.J. about the situation and here’s what was said:

I spoke yesterday afternoon to T.J., the man who allegedly lost his house to Kayden Kross’ real estate scam.

Can you run through what happened?

About three years ago, I was hurt on the job. I was put on disablity, and was waiting for my workers comp check. Unfortunately, this put me in kind of a financial pickle.

I was informed of a deal I could make in which I could keep my house, but kind of a different program, where I sold the house, and then it was leased back to me for a designated term, and then I would buy the house back.

They worked it out so a buyer named Kim (Kayden Kross) was gonna buy the house, lease it back to us, and then at the end of the term would sell it back to me after I got my settlement from workers comp.

Little did I know at the time that Kim’s plan was to get the title and sell it, and to never pay the mortgage, even though we were paying her lease payments which almost covered her mortgage payment.

After a few months, I started getting mail from Washington Mutual for another name as the title owner. This is when I found out that Kim had sold the title to another person, who in turn took out a huge loan against the property.

Did she know about your situation, being disabled with a wife and four children?

Oh, yes! My wife and I spoke to her on the phone and met with her on a few occasions. She knew exactly what was at stake for us.

Do you think she knew from the start what she was going to do, or was it something that came later?

I believe she knew from the start what she was going to do to us, and didn’t really care about hurting us. From what I’ve been told, she had even taken some real estate courses. Either someone told her about this scam or she already knew about it. There is no doubt in my mind that she knew exactly what she was doing when she met us.

So what happened to you?

We were eventually kicked out of the house, about six months from the time we signed the deal to the time her mortgage company foreclosed on the house. They came to us saying, “this house is foreclosed by the owner.” And I said, “I’m still the owner!” But she never made payments, despite me paying her for months. She pocketed it all.

The mortgage broker Scott put my family up in a condo owned by someone he does business with. Eventually we had to move again on a moments notice. And I’m disabled!

You are also a war veteran?

Yes. I was in the Marines.

Well, thank you for that. Listen, Kim seems to think this is all Scott’s (the mortgage broker) fault.

No way. When Scott found out what was going on, he immedietly called the Sheriff’s Department to try and get it taken care of. He has been by my side since the beginning of this fiasco.

Last Question: What would you like to see happen to Kim?

I’d love for her to make some restitutions. I owned that house for fifteen years. I was injured on the job, not by some foolish mistake. I was trying to get back on track when she took everything from me.

I’d also like to see Kim spend a long time in prison. She bilked me, she bilked the state and she bilked the federal government for taxes.

It takes real chutzpah to think you’re gonna get away with such a blatant scam. Obviously, we can’t jump to conclusions without hearing all the facts, but it sounds like Kayden’s chickens may be coming home to roost.

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Porn Superstar Kayden Kross Indicted On Two Felonies

September 17th, 2008 | No Comments | Posted in Adult Industry, News

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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