Former Ridpath Developer Arrested - Spokane, North Idaho News & Weather KHQ.com

Former Ridpath Developer Arrested

SPOKANE, Wash. - The Spokane developer largely blamed for a slew of complicated legal and financial problems at Spokane's Ridpath Hotel, one of the area's most recognized landmarks, was Federally indicted Wednesday on 73 Federal counts including bank fraud, money laundering and wire fraud.

Gregory Jeffreys, 53, is at the Spokane County Jail facing a laundry list of financial crimes along with his wife, Kimberly Jeffreys, 53, who faces 25 Federal charges. The massive indictment also lists 29 counts against Shannon Stiltner, 51, who worked with Jeffreys and was previously described in court records as Gregory Jeffreys' girlfriend. Federal agents arrested all three yesterday and booked them into jail late Tuesday afternoon.

The indictment described this as a multi-million dollar Ponzi scheme.

Court documents show the companies Jeffreys created to keep the alleged fraud alive.  The documents also detail how Greg Jeffreys and his wife defrauded both lenders and investors in many projects including a 2009 project in Airway Heights.

But that's just the tip of the iceberg. The victims come from all over the country including California, Kansas, Texas and Wisconsin just to name a few.

All three appeared in Federal court today before U.S. Magistrate Judge Cynthia Imbrogno after the indictment was unsealed Wednesday morning.

  • Most Popular StoriesMost Popular StoriesMore>>

  • PHOTOS: Westbound I-90 at Ellensburg back open after 16 vehicle crash

    PHOTOS: Westbound I-90 at Ellensburg back open after 16 vehicle crash

    Saturday, February 17 2018 5:23 PM EST2018-02-17 22:23:29 GMT

    CLE ELUM, Wash. - UPDATE: Washington State Department of Transportation says I-90 at Ellensburg is back open following a major crash Saturday morning. Westbound lanes were closed for several hours Saturday. Washington State Patrol urges drivers to use caution as conditions can change quickly.

    >>

    CLE ELUM, Wash. - UPDATE: Washington State Department of Transportation says I-90 at Ellensburg is back open following a major crash Saturday morning. Westbound lanes were closed for several hours Saturday. Washington State Patrol urges drivers to use caution as conditions can change quickly.

    >>
  • Family left high and dry after Trader Tots consignment store's surprise closure

    Family left high and dry after Trader Tots consignment store's surprise closure

    Saturday, February 17 2018 1:17 AM EST2018-02-17 06:17:14 GMT

    POST FALLS, Idaho - Billie Swanson has her hands full. Taking care of two boys could be a full-time job. “Kids grow in and out of stuff so quickly and it's a nice place to go and to have that option and some extra money in our pockets,” Swanson said. Swanson is taking about Trader Tots Consignment Store in Post Falls. It’s a place she’s gone to in the past to sell her kids old clothes and buy new ones. That is, until recently. “They 

    >>

    POST FALLS, Idaho - Billie Swanson has her hands full. Taking care of two boys could be a full-time job. “Kids grow in and out of stuff so quickly and it's a nice place to go and to have that option and some extra money in our pockets,” Swanson said. Swanson is taking about Trader Tots Consignment Store in Post Falls. It’s a place she’s gone to in the past to sell her kids old clothes and buy new ones. That is, until recently. “They 

    >>
  • North Idaho man tries to make off with 40 ft long poles

    North Idaho man tries to make off with 40 ft long poles

    Saturday, February 17 2018 12:11 AM EST2018-02-17 05:11:05 GMT
    Kootenai County Sheriff's OfficeKootenai County Sheriff's Office

    KOOTENAI COUNTY, Idaho. - The Kootenai County Sheriff’s Office arrested 47-year-old Brett K. Anderson of Post Falls, ID Thursday after he was reported to have been hitting on-coming cars with a large poles sticking out of his own vehicle in the area of N. Meyer Rd. and Hayden Ave. When deputies arrived on scene, they discovered Anderson had stolen stole several 30-40’ long pieces of irrigation pipe from a nearby farm field and was 

    >>

    KOOTENAI COUNTY, Idaho. - The Kootenai County Sheriff’s Office arrested 47-year-old Brett K. Anderson of Post Falls, ID Thursday after he was reported to have been hitting on-coming cars with a large poles sticking out of his own vehicle in the area of N. Meyer Rd. and Hayden Ave. When deputies arrived on scene, they discovered Anderson had stolen stole several 30-40’ long pieces of irrigation pipe from a nearby farm field and was 

    >>
HD DOPPLER 6i
/