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Spokane, Washington  Est. May 19, 1883

Community Comment

Jeffreys, his wife and girlfriend in jail…


Good morning, Netizens...


A 73 count Federal indictment was unfurled against Gregory Jeffreys, his wife and ostensible girlfriend the other day, as I have often said would take place, and none too soon. I have been following the macabre trail of Jeffreys' financial dealings around for several years, largely due to an interest in a Spokane real estate appraiser's involvement and now that Jeffreys, his wife and girlfriend are in jail on $150,000 bond, it all seems like a slam dunk to me. You can read most of the gory details on the SR at, although I admit I would have preferred to have read the indictment. Perhaps more than anything else, I would like to read the full, unexpurgated list of purported investors who bought into Jeffreys' Ponzi schemes, this time using the victim's full names, no initials this time around, if you please. There are more victims in Jeffreys victims list than just the banks.


The list of alleged crimes is nauseous, everything from phony developments of buildings and projects that didn't even exist to outright fraud.


Like nearly all truly good scams, it takes a lot of paper, just to document who did what to whom. If this ever comes to trial, I'd wager it will take a thousand pounds of paperwork to document what Jeffreys and company ostensibly managed to pull off. All that, of course, and then there is the ill-fated Ridpath Hotel.


Of course you do have to ask yourself, how many real estate appraisal firms actually refused to have anything to do with the Jeffreys coalition. How many appraisal firms saw through all the scams and phony business deals? Not that many, I'm sorry to say.



Spokesman-Review readers blog about news and issues in Spokane written by Dave Laird.