What You Need To Know About Jody Kriss

The former chief financial officer of Bayrock Group and the owner of the East River Partners, Jody Kriss, admitted that he has worked for the Russian mob (mafia) for about 7 years. During the time when he was managing Bayrock Group, he ran errands for the mafia, which involved transactions in real estate and construction in the state of New York and Florida using money from criminal activities.

The high number of lawsuits filed against Jody due to his illicit and outright crimes is actually documented publicly. The lawsuit states that Kriss believed that it’s acceptable to use direct extortion to get his shares from real estate deals and also blackmail to force the defendant to move out from the apartment she is staying in with her newborn baby. He ended up paying his victims with $1.6 million for them to drop the charges against him.

In another lawsuit that Kriss filed, he referred to the memory of the Holocaust victims fraudulently in his attempts of extorting money from his business partner.

Jody Kriss

Jody Kriss

One of his former business partners, on the other hand, is still wanted by the DA’s office of Moscow for tax and financial fraud charges. His other partner said during an interview that it was Kriss who covered up several of his illegal activities and was the frontman for the crimes. He was surprised himself at how Kriss agreed to sell out and included his father, Ron Kriss, into his schemes, stating, “I thought Wharton boys were more expensive to buy off.”

Another partner of Kriss was also arrested due to pimping, resulting into another lawsuit. Kriss’s other partner (a popular mafia associate) requested FBI protection since Kriss asked help from a dangerous mafia organization called the Persico or the Colombo crime family. The “help” that this mafia organization provides involve killing a mutual enemy of both Kriss and Persico.

Kriss along with his legal team, Frederick Oberlander and Richard Lerner, allegedly stole documents from the US court and from the Bayrock Group. These documents were sealed files which will prove that one of his ex-associates helped the FBI and the US Justice Department, stating that he is willing to testify against the Persico criminal organization. It was said that Kriss delivered copies of this dangerous information to the attorneys of the Persico crime family.

Among Kriss’s  ublicly filed documents is that where he fronted for and hid many of his real estate transactions along with his partner; this is according to the website of the Attorney General of New York.

Currently, Kriss is also involved in several scandals connected to his company, East River Partners; as he breached construction, human, and health standards. And although these scandals were made public, his company appears to be booming. This leaves us to question where he got his money to start a new company.

Jody Kriss is famous for his lawsuits against major real estate companies, as well as law firms. They (Kriss and his legal team) are currently suing a lot of people and companies for an amount that he obviously needs. But, he hadn’t profited from these lawsuits yet.

Changes to Retirement Laws

Both the federal and the state government are working quickly o proposing laws in order to help people who are saving for or are in retirement.

This year, the federal government has introduced the “my Retirement Account” (myRA) which is a new type of retirement plan that helps those who can’t avail for employer retirement plans.

US President Barack Obama, on the other hand, has proposed several changes in the US retirement system; this includes automatic enrollment to IRAs for those who cannot avail workplace retirement plans, tax deductions for employers who offer auto-IRA to their employees, and putting a lifetime limit of $3.4 million in IRA balances.

In addition, Senator Susan Collins, R-Maine, the chairman of the Senate Special Committee on Aging, also introduced a bipartisan legislation that encourage small business employers to offer retirement plans to their workers and give them incentives that will allow them to save up for retirement.

However, all the Lexington law reviews make us think: Are there any other laws that would help Americans who desire to retire one day or those who want to keep decent living standards during retirement?

Make Retirement Plan mandatory

Many states have proposed laws that mandate the workplace to have IRA programs for employees; lllinois was the first to propose, however, other states, including California and Maryland, are not far behind.

Michael Callahan, the president of Edu4Retirement based in Southington, Connecticut and a member of the Retirement Security Board of Connecticut, said, “In general, the voluntary system has not been successful because of the onerous rules of the Employee Retirement Income Security Act of 1974 (ERISA). The cost of starting and maintaining a plan and the fiduciary liability associated with running a plan are too costly for most companies.”

Furthermore, he added, “If a small business maintains a qualified retirement plan and if more than 60% of the account balance belongs to key employees, primarily owners and family, the plan is considered top heavy and then the company is required to put in 3% of each employees’ compensation.”

However, if the company launces an IRA deferral program, then there will be no top heavy requirements.

Don’t Tie Retirement to your Workplace

According to Rob Schmansky, a certified financial planner with Clear Financial Advisors based in Livonia, Michigan, you shouldn’t tie your retirement to your employment.

He said, “Just because you work at one hospital versus another doesn’t mean you should have twice the amount you can save in a 457 plan, for example. We should all be able to save the amount in any given year, not matter if our employer offers us the option.”

In addition, another issue that should be addressed is that there should be a law that aims to help workers to save as much for their retirement as other workers.

Schmansky said, “There are a lot of problems with our employment-based system. If you are a participant in a plan for part of the year or are part-time worker, you may not be allowed to put the maximum into these plans even if you are able.

Require Investor Education

Richard Behrendt, a director of estate planning at Annex Wealth Management based in Elm Grove, Wisconsin, sees the importance of requiring investor education.

“The assertion that workers don’t have access to retirement savings plans is simply not true,” he said. People with W-2 income below the phase-out ranges can contribute up to $5,500 yearly to IRA. In addition, many of our workers can avail workplace retirement programs.

“The problem is not access, the problem is participation. What is the solution? One word: education. I’d rather see state and/or federal awareness programs to educate Americans about the importance of planning and saving for retirement. Let’s get people to utilize the programs we already have,” he added.

Loretta Lynch: On How she Handled the Felix Sater Case

The nominee for attorney general, Loretta Lynch, has finally answered the allegations that she had failed to follow important provisions of the federal law during her time at the US Attorney for the Eastern District of New York. According to the reports made by NRO, her office seemed to let self-confessed criminals walk free in the agreement that they’ll cooperate with the investigation; watched them commit more crimes; and kept the victims in the dark —- thus, refuting their legal rights to seek out restitution.

Former Judge Paul Cassell had testified in 2013 before the House Judiciary Committee, and asked them to review how Lynch handled the case. The case we’re talking about involves Felix Sater. Orrin Hatch, Utah Senator and a Republican member of the Senate Judiciary Committee, encouraged Lynch to answer the testimony of Cassell. He also asked Lynch whether she followed the federal laws in making sure that the victims of these crimes were given proper restitution.

Lynch replied via writing that the cooperation from Sater with her office was vital to national security, and declined to talk about the issue of restitution of his case.

According to Lynch, the defendant in question had given sensitive and very valuable information to the federal government when he cooperated in the investigation last December 1998. For more than a decade, he worked alongside the prosecutors from her office —- the United States Attorney’s Office for the Southern District of New York and FBI’s law enforcement agencies —- where he provided information that is important to national security, as well as conviction of more than 20 people which include those who committed financial fraud; this is primarily the reason why his case was temporarily sealed.

According to the statement made by Mr. Sater’s attorney in The Washington Times, he was given $25,000 penalty instead of paying more for his cooperation in major investigations that are essential to the national security; thus, the sentence was just appropriate for his case.

Felix Sater
In light of the issue regarding the provision of restitution to the victims, Lynch said that the restitution from defendants who cooperate is no different from the others. She added that the prosecutors in her office have fought to secure the restitution for the victims, whether or not the defendants that were sentenced have cooperated with the investigation or not.

The spokesperson of the Justice Department told The Times that the major developments of these stock fraud cases happened outside of the Ms. Lynch’s time as the US Attorney; first during 1999 and then again in 2010.

The arguments raised by the government for keeping the records of the case sealed — several of them redacted and filed during Ms. Lynch’s tenure — have been sustained in rulings by the US District Court in Brookline and the 2nd US Circuit Court of Appeals, notwithstanding the arguments that pushes for more transparency on the rights of the victims, as well as the media.

Videos Provide Signs in Search for Lost Student in the University of Virginia

Several security cameras are showing her walking on the road alone. But police shows fresh videos of a lost student of the school of Virginia seemingly present with somebody pursuing her the night she disappeared.

Surveillance cameras over the Downtown Mall in Charlottesville, Virginia, shows a video of a gentleman following Hannah Graham in early Sunday, Charlottesville Police spokesman Lt. Ronnie Roberts told CNN.A man told officers because she seemed troubled he was following Graham and later found the law enforcement office, experts said.

Authorities claimed the 2nd guy is not seen in the videos, although the person said he noticed her with another guy and that they seemed to know each other. Authorities have been looking for the 18-year old sophomore since Sunday. Her parents said that they’re nervous about anything that may have occurred to her after she left a gathering with friends during Friday evening.

"Hannah is beyond important to us," Bob Graham mentioned in a statement on Wednesday, produced by authorities. "Her disappearance really devastates us. It is entirely bad for all of US not to have seen from her, and we fear foul play."

The teen’s mysterious disappearance comes almost identical to a case five decades ago after the killing of another student in the same community, causing worries that there may be a link to the two cases. Morgan Harrington, a 20-year old Virginia Tech scholar, went missing after attending a Metallica show in Charlottesville in October 2009. Her remains were found on a plantation weeks later. Authorities have to track down her killer, and her family has long said they suspected there might be different other victims.

Could there be some link to this case and the Harrington case?

"The problem has been revealed. It’s undoubtedly a problem that was legitimate," Charlottesville Police Chief Timothy Longo told reporters Wednesday. "We’ll reveal that to you if there comes a time when we think there’s a substantial link to these two cases," he explained.

So far, law enforcement chief explained that investigators have not discovered something to link the two cases. Plus they have not observed any indication of foul play inspite of the considerations that the teenager’s parents have portrayed.

"As a guardian, I Would is really anxious, but we don’t have any information to ensure that," he explained. "But you understand, they’re speaking from their heart."

Security videos offer clues

Police identify Graham, a sophomore, as a scholar, an accomplished athlete and a good friend. She is about 5-foot-11 with blue eyes, light-brown hair with freckles, and the school explained in a launch that they are seeking for information on the teenager’s disappearance.

She quit a dinner and hanged out with friends sat around 11 p.m. Friday. Around 1: 20 a.m. Saturday, she directed friends in a text message saying she was lost, CNN affiliate WTVR noted. Police think she may have been under the influence of alcohol, Longo said, and could have now been vulnerable or struggling to defend herself.

Investigators have followed many security videos that show her that night near a gasoline station, outside a club and inside a shopping mall, Longo said. Nevertheless it’s unclear as to where she is going or whether she’s in trouble.

One video reveals her walking across the highway near a Shell station. Investigators were originally puzzled, Longo told reporters.

In later videos, he explained "it doesn’t appear in the least when this happened that she’s being pursued."

Researchers are looking for more security videos they feel could show Graham in Charlottesville, the place where she was identified by a witness.

They’ve received 100 ideas about the case and questioned 50 people, authorities said. But the investigation is far from over. As time passes, investigators stated that their search area is increasing. Investigators from the Emergency Management’s Virginia Department are doing their part, CNN affiliate WVIR described.

"This investigation continues to be aggressive and will continue to be persistent," Longo said.

CNN affiliate: Hallway has ‘famous name’ Gil Harrington told CNN internet WTVR that it’s too soon to bring a direct link between her girl’s death and Graham’s disappearance."I believe that is hasty in a way, although the thought goes there," she told WTVR. "We have to open ourselves to the possibility. We have to keep that in mind."

At this time, Gil Harrington includes a poster with images of the School of Virginia student on her refrigerator and beneath it is the phrase "ABSENT."Through "Help Save the Following Ladies," a group created after the death and disappearance of her child, she’s pressing against residents of Charlottesville to call in the shots.

On Wednesday, the group tweeted that a note had been posted by the Harringtons in big characters taped on Charlottesville Bridge and spelling out their help of the search: "PLEASE FIND HANNAH."

"You think – how can this be? Another girl is taken."

This is not the first woman to go missing within the region. The disappearances of Graham and Harrington alongside with many prior cases in the region known as the Path 29 hallway has granted the region an "infamous status," WTVR says.

"I don’t know. There is something in common about the two cases," Harrington told WTVR. "We have here a very crucial size that really needs looking at. In case you pass by the road, get lost and abducted along Route 29 — it isn’t something that is normal. "

A Father is charged of his Son’s Death 31 Years After

This has been 31 years since Stanley Guidroz claimed his 3-yearold kid was missing in Tacoma, Washington. After the detectives have reopened the long time case, they said that the claim saying the kid was missing is not the real story. Instead, after a long time, the authorities found out that his father murdered the kid.

Guidroz, 57, has been penalized with first-degree manslaughter after he confessed to the crime, explained Pierce County Prosecutor Mark Lindquist on Tuesday. “That is another achievement for that Cold Case Product,” said Lindquist. “Justice concerns, regardless of how long it takes.”

Guidroz reported his child went missing in January 1983, showing to Tacoma authorities that his child was gone in a town park when they had went for fishing. Guidroz said he assumed a family they had met inside the playground had kidnapped his kid, prosecutors said.

Authorities were unable to identify a family that matched the outline Guidroz provided them, plus they were unable include Guidroz as a suspect for the boy’s disappearance. For a long time of what happened to Wallace, the mystery remained not solved.

Guidroz according to some people left Washington State and did not return to a press release from the Pierce County Prosecutor’s Office. In 2011, a Detective in the name of Gene Miller reopened the long unsolved case. Cooper observed that the claims of Guidroz never appeared to add up and analyzed outdated files in the preliminary study.

There have been many inconsistencies in Guidroz’s consideration of the case from the evening when Wallace went missing,” the release stated. Guidroz resurfaced after stories in Louisiana in March 2011 that he had been priced in the killing of his girlfriend, who is not the mother of Wallace.

When they had gotten into a disagreement of stabbing his partner in multiple instances, Guidroz was convicted. He drove around aimlessly with her body within the back of his vehicle before driving into a nearby police station and confessing towards the killing, according to CNN affiliate WWL. Miller went to concern Guidroz about the disappearance of Wallace, this is in connection with the killing of his daughter. However, Guidroz initially presented several more versions of his initial account but in the end, he apparently admitted.

Guidroz said he and Wallace returned home but that he “dropped it” after Wallace began fussing in his high chair. Guidroz said he hit on the child who triggered the kid to slide to the floor and hit on his brain. Wallace was not responsive after the fall andGuidroz informed Miller he believed he was lifeless but that he was fearful of being labeled as a “child killer” in jail. Guidroz then called police to report his kid missing and buried Wallace near the Tacoma waterfront, prosecutors said. As of now, Guidroz is being held in LA imprisonment for his partner’s killing. A warrant has been supplied to go back to California condition, prosecutors say. It is uncertain whether Guidroz has maintained a legal counsel.

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