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.
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.