Skip to main content
Advertising

Originally published Thursday, January 31, 2013 at 5:38 AM

  • Share:
           
  • Comments (0)
  • Print

Spokane developer Gregory Jeffreys indicted

A federal indictment against Spokane developer Gregory D. Jeffreys was unsealed Wednesday, accusing him of a Ponzi scheme in which he secured financing for buildings that sometimes didn't exist.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

SPOKANE, Wash. —

A federal indictment against Spokane developer Gregory D. Jeffreys was unsealed Wednesday, accusing him of a Ponzi scheme in which he secured financing for buildings that sometimes didn't exist.

The Spokesman-Review reports ( http://bit.ly/11lrmP5) the indictment also charges his wife, Kimberly Jeffreys, and Shannon Stiltner, who is described in court records as his girlfriend.

All three pleaded not guilty. A federal magistrate ordered all three held in the Spokane County Jail on $150,000 bail.

Gregory Jeffreys was arrested Tuesday at Spokane International Airport as he was preparing for a business trip. Paperwork in the investigation was seized in a July 2011 raid on the Jeffreys' Spokane Valley home.

---

Information from: The Spokesman-Review, http://www.spokesman.com

News where, when and how you want it

Email Icon


Advertising