Capitol Beat: Hoffer releases audit on EB-5 in Vermont
This week, State Auditor Doug Hoffer released an audit of the state’s role in the EB-5 fraud.
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This week, State Auditor Doug Hoffer released an audit of the state’s role in the EB-5 fraud.
Breaking News, Sports, Manitoba, Canada
This week, State Auditor Doug Hoffer released an audit of the state’s role in the EB-5 fraud.
The state of Vermont did not provide adequate oversight to prevent the massive fraud that occurred in ski area and other development projects funded by foreign investors' money through a special visa program, a state audit has found. The financial scandal first revealed in 2016, which became the state's largest fraud case, shook Vermont and the economically depressed region called the Northeast Kingdom. In 2018, Vermont's former attorney general asked for an audit of the state's involvement in the projects at Jay Peak and Burke resorts to address the loss of trust in stat...
This week, State Auditor Doug Hoffer released an audit of the state’s role in the EB-5 fraud.