Once again the Grand Vizier proves to be the man. He told us hours before this story broke that it was breaking.

Scott Fayner posts on www.scottfayner.com : Listen, we all do bad things from time to time. Some worse than others, of course, but who among us can honestly say they’ve never done something horrible?

Kayden Kross can’t.

Kayden Kross has been a bad, bad girl.

Kross, an Adam & Eve contract star and whose real name is none of your business, is expected in court on October 14th to be arraigned on charges like Grand Theft (PC 487 (A) FELONY) and real estate fraud (CCC1695.3 FELONY).

The case was filed with the Sacramento Superior Court on August 6, following an FBI investigation. Kayden was arrested at LAX following a trip to New Zealand [in her blog on ClubKayden.com, she wrote that the arrest stemmed from a custody battle over a dog].

And now Kayden waits to find out her fate.

But there must be more to this story. Right?

Okay, so I went digging for a source. And I found one. This is what my source tells me…

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 forclosure. Bummer.

Kayden Kross knows a morgage 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 morgage 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.

I spoke to Kayden this morning, and although she informed me her lawyer told her not to talk, she did say this: “Yes, these are the alligations against me. But there is no proof of it, and the court will agree. I’ve done nothing wrong. I was young and got caught up with a shitty morgage lender. I didn’t do anything to that family, we were all pulled in to a fraudulent scam.”

A call was made to Adam & Eve, but at this time I’ve received no reply.

I’m no expert, but I believe Kayden Kross could be doing up to five years if convicted.

We’ll just have to wait and see.

If you know Kayden’s real name, you can see her case information at www.saccourt.com CCC1695.3