Jeffrey Grayson

Jeffrey Lloyd Grayson (May 4, 1942 - November 27, 2009) was an American businessman and criminal. A native of Oregon, he co-founded and later served as Chief executive officer (CEO) of Capital Consultants. Grayson made legally questionable loans to Wilshire Credit Corporation and its CEO Andrew Wiederhorn. Grayson was convicted of mail fraud along with his son Barclay Grayson.

Early life Jeffrey Grayson was born on May 4, 1942, in Salem, Oregon. He and his twin sister Janet were born to N. Philip and Blossom Grayson, though the parents divorced in the 1950s. The company then had a series of legal issues that included a suspension of the company’s trading license by the SEC and an investigation by the Oregon Attorney General. The U.S. Securities and Exchange Commission sued the company and Grayson in September 2000. On September 21, 2000, the district court placed CCL into receivership and appointed appellee Thomas F. Lennon as receiver. A judge later removed Grayson from control of the company, and federal prosecutors filed a charges for 22 separate counts in October 2001. Grayson pleaded guilty to mail fraud and another charge in the case, and could have received up to four years in jail. He suffered a stroke in 2002 that left him unable to appear or testify in court, and prevented him from being sentenced to prison.

Later life and death Grayson blamed the crimes on an attempt to recover the investment losses of his clients. Following the stroke, Grayson was sent to a long-term care facility in Southwest Portland. Jeffrey Grayson died on November 27, 2009, at the age of 67 in Portland, Oregon.