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Dig through the documents released in the Jay Peak fraud case

Dig through the documents released in the Jay Peak fraud case
April McCullum, Burlington Free Press
© ADAM WHITE/FREE PRESS FILE
Jay Peak President and CEO Bill Stenger points out progress on the construction of the resort s new indoor water park at the main base area in 2010.
A series in 4 parts
© FREE PRESS
Ariel Quiros, second from right, Bill Kelly, right, and Bill Stenger, second from left, pose with Vermont s governor and congressional delegation, including Sen. Patrick Leahy and Sen. Bernie Sanders, at a news conference Sept. 27, 2012. This photo was released in documents from the state of Vermont.
The largest fraud in Vermont history left an enormous paper trail. ....

United States , Burke Mountain , Burlington International Airport , South Korea , Jay Peak , South Korean , Raymond James , Mike Dupontstarts , Michael Gibson , Ariel Quiros , Bill Kelly , James Candido , David Rosenbaum , Alex Maclean , Chang Xiao , Winthroph Smith , John Kessler , Qurio Raymond James , William Kelly , Patrick Leahy , Michael Pieciak , Lawrence Miller , Douglas Hulme , Susan Donegan , Joel Burstein , Ariel Qurio ,

Assurances aren't enough: Pressure mounts on ski resort owner in Vermont's largest fraud

Assurances aren’t enough: Pressure mounts on ski resort owner in Vermont’s largest fraud
April McCullum and Dan D Ambrosio, Burlington Free Press
© EMILY McMANAMY/FREE PRESS FILE
The Pump House Indoor Water Park at Jay Peak Resort is a humid oasis away from the cold ski conditions on Jay s mountains. The resort opened the water park to provide options for skiers and non-skiers.
A series in 4 parts
To those who were watching carefully in 2012, the cracks in Ariel Quiros’ scheme were beginning to show.
The first public sign of trouble at Jay Peak ski resort came from Douglas Hulme, a British broker who had been given exclusive marketing rights for the resort’s first EB-5 projects. ....

United States , United Kingdom , New York , Burke Mountain , South Korea General , South Korea , Trump Place , Jay Peak , Douglas Hulme , Raymond James , Joel Burstein , Ariel Quiros , Ariel Quiro , John Carpenter , Alex Choi , Mike Dupont , Michael Pieciak , Patrick Leahy , Exchange Commission , New York Times , Vermont Department Of Financial Regulation , Immigration Service , Pump House Indoor Water Park , Jay Peak Resort , Newport Daily , Fifth Avenue ,

Vermont fraud ends as SEC raids Jay Peak resort, owners indicted

April McCullum and Dan D Ambrosio, Burlington Free Press
Published
6:59 pm UTC Dec. 22, 2020
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The hole in downtown Newport was a demolished city block that was to become a retail, office and residential space, and possibly a boutique hotel, under Bill Stenger and Ariel Quiros grand design. It was never approved as an EB-5 project that could accept foreign investment. After allegations of financial fraud pulled both Jay Peak Resort and Burke Mountain into federal receivership, the plan flew apart.
RYAN MERCER/FREE PRESS
As ski season was drawing to a close at Jay Peak, J.J. Toland heard a knock at his door and looked up to see a security officer, who told him to step away from his computer. ....

United States , New York , Burke Mountain , White Plains , Lake Memphremagog , Jay Peak , Eric Flachbart , Neil Taylor , Raymond James , Ken Strauss , Fred Burgess , Ariel Quiros , Bill Kelly , John Kessler , Alex Choi , Jeffrey Schneider , Michael Pieciak , Michael Goldberg , Eric Flachbert , Peter Shumlin , Frank Esposito , Joel Burstein , Ariel Qurios , Burlington Free , Vermont Department Of Financial Regulation , Q Burke ,

Pressure mounts on Jay Peak owners as fraud scheme unravels

April McCullum and Dan D Ambrosio, Burlington Free Press
Published
6:29 pm UTC Dec. 22, 2020
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Bill Stenger (center) introduced Dr. Ike Lee, CEO of AnC Bio Vermont (right), and Todd Bacheldor, CEO of Menck Windows Vermont (left), at the former Bogner facility that will house AnC Bio and Menck in Newport on Thursday, April 10, 2013. The two companies are participants in Stenger s $600 million, EB-5 visa program-financed in the Northeast Kingdom.
GLENN RUSSELL/FREE PRESS
To those who were watching carefully in 2012, the cracks in Ariel Quiros’ scheme were beginning to show.
The first public sign of trouble at Jay Peak ski resort came from Douglas Hulme, a British broker who had been given exclusive marketing rights for the resort’s first EB-5 projects. ....

United Kingdom , New York , United States , South Korea General , South Korea , Trump Place , Jay Peak , Douglas Hulme , Raymond James , Joel Burstein , Ariel Quiros , Ariel Quiro , John Carpenter , Alex Choi , Mike Dupont , Exchange Commission , Immigration Service , Main Street , Newport Daily , Fifth Avenue , New York City , Anc Bio , ஒன்றுபட்டது கிஂக்டம் , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா ஜநரல் ,

Reality knocks: Vermont's biggest economic development story becomes its biggest fraud

Reality knocks: Vermont’s biggest economic development story becomes its biggest fraud
April McCullum and Dan D Ambrosio, Burlington Free Press
© RYAN MERCER/FREE PRESS FILE
The hole in downtown Newport was a demolished city block that was to become a retail, office and residential space, and possibly a boutique hotel, under Bill Stenger and Ariel Quiros grand design. It was never approved as an EB-5 project that could accept foreign investment. After allegations of financial fraud pulled both Jay Peak Resort and Burke Mountain into federal receivership, the plan flew apart.
As ski season was drawing to a close at Jay Peak, J.J. Toland heard a knock at his door and looked up to see a security officer, who told him to step away from his computer. ....

United States , New York , Burke Mountain , White Plains , Lake Memphremagog , Jay Peak , Eric Flachbart , Neil Taylor , Raymond James , Ken Strauss , Fred Burgess , Ariel Quiros , Seth Levine , Bill Kelly , Ariel Quiro , John Kessler , Alex Choi , Jeffrey Schneider , Michael Pieciak , Eric Flachbert , Peter Shumlin , Frank Esposito , Joel Burstein , Ariel Qurios , Burlington Free , Vermont Department Of Financial Regulation ,