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USCIS withdraws prior decision to terminate the EB-5 Vermont Regional Center

USCIS withdraws prior decision to terminate the EB-5 Vermont Regional Center
vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.

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Jay Peak, a mountain with soul - The Boston Globe

Jay Peak, a mountain with soul - The Boston Globe
bostonglobe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bostonglobe.com Daily Mail and Mail on Sunday newspapers.

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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. ....

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List of Jay Peak projects and status in Vermont's largest fraud?

4:34 am UTC Dec. 15, 2020
A snowboarder glides in front of the Jay Peak Tram Haus Lodge in 2012.FREE PRESS FILE
Vermont’s Jay Peak ski resort was the site of the largest fraud in Vermont s history.
Ariel Quiros, the former owner, sold foreign investors and locals on a plan to transform the resort and the region into a year-round destination for wealthy outdoors enthusiasts. His business partner, Bill Stenger, raised more than $350 million from foreign investors. Investigators concluded Quiros misused $200 million and stole at least $50 million.
“It’s not like a traditional Ponzi scheme where there’s nothing to show for it, where it’s like Bernie Madoff. Bernie Madoff wasn’t building anything, he gave you an account statement that was bogus,” said Michael Pieciak, who investigated the scheme on behalf of the state of Vermont. “Here they were showing you here’s the hotel, here’s the new hotel, here’s the new construction, so it was a more c ....

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