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The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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Vestal: Plaintiffs in Jeffreys lawsuits blame appraisers, lawyer

The real estate investments put together by developer Gregory Jeffreys in the years before his criminal indictment have been the target of lawsuits by investors, who claim Jeffreys took advantage of them. But these investors do not blame Jeffreys alone. They – and others who are familiar with elaborate transactions at the Ridpath Hotel and in Airway Heights – are unsparing in their assessment of appraisers, bankers, an attorney and other institutional parties involved with the transactions. The system, they say, broke down.

Indictment alleges Jeffreys’ dark side

People describe Greg Jeffreys as one of the smartest men they know. A persuasive salesman. A tireless worker. An aggressive negotiator and sophisticated dealmaker of uncommon boldness. He was also someone whose audacity could turn threatening.