Spokane developer Gregory Jeffreys indictedJanuary 31, 2013 @ 5:37 am
SPOKANE, Wash. (AP) - 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
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Seattle native is only person ever cured of HIV and returns home to boost the cure
Back In Business
A temporary bridge span across the Skagit River is set to open Wednesday
High Altitude Upgrade
The state's highest outhouse atop Mount Rainier is getting a badly needed upgrade
Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.