In this paper spectral properties of non-selfadjoint Jacobi operators J which are compact perturbations of the operator J 0 = S + ρS * , where ρ ∈ (0, 1) and S is the unilateral shift operator in 2 , are studied. In the case where J − J 0 is in the trace class, Friedrichs's ideas are used to prove similarity of J to the rank one perturbation T of J 0 , i.e. T = J 0 + (·, p)e 1 . Moreover, it is shown that the perturbation is of 'smooth type', i.e. p ∈ 2 and limWhen J − J 0 is not in the trace class, the Friedrichs method does not work and the transfer matrix approach is used. Finally, the point spectrum of a special class of Jacobi matrices (introduced by Atzmon and Sodin) is investigated.