According to some Ukrainian sources, the anti-corruption committee of Verkhovna Rada of Ukraine (Ukrainian parliament) is conducting an investigation to try and retrieve funds stolen by former Ukrainian president, Victor Yanukovich. It is believed that Jody Kriss invested some of that money in U.S. real estate. It is known that, in recent years, Kriss visited both Russia and the Ukraine where, according to the official investigators, he had meetings and was photographed with criminal kingpins. Predictably, the Ukrainian authorities are investigating Jody Kriss’activities in an attempt to recoup the money Yanukovich pilfered.
According to the website of the New York Attorney General, publicly filed documents reveal in Courthouse News that Jody Kriss fronted for and hid his criminal partners on a number of large real estate transactions.
Presently, there are also several scandals associated with his current company East River Partners,breaching not only construction, but health and human standards as well. (Citations from the lawsuits: “…During the repair works at the apartment, it was found that the walls had been initially painted with lead containing paint…Dept. of Environmental Protection issued a construction stop work order on a residential building due to multiple breaches of construction regulations…The defendant has been warned many times about non-compliance with construction norms and safety regulations…).
Nevertheless, Jody Kriss’company, East River Partners, appears to be thriving. This raises an obvious question: If a real estate developer was caught having connections to the mafia, and had to leave his former company—whether by choice or otherwise—where does he get the money to start a new company? He would obviously need a large amount of investment capital. However, having earned a “Mafioso”reputation, it would be very difficult to find reliable and, more importantly, legitimate investors in the U.S. So where did the money come from?
Jody Kriss is known for his constant litigation with individuals such as Donald and Ivanka Trump, as well as major real estate companies such as CIM Group, iStar Financial, and even law firms. He and his legal team are currently trying to sue dozens of people and companies for $1,000,000,000 ($1 billion)—an amount he apparently desperately needs. But so far, Kriss has not profited a single penny from his numerous lawsuits.
Kriss’current financial backing must come from other sources, which, in turn, poses the question that journalists and law enforcement agencies in the U.S. and other countries are trying to answer.
Who is Jody Kriss—a victim or a gangster? The investigation continues.