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William Kelly pleads guilty to fraud charges related to the Jay Peak EB-5 AnC Vermont Project in Northeast Vermont


The United States Attorney s Office announced that today William Kelly, of Weston, Florida, pleaded guilty before Chief Judge Geoffrey W. Crawford in United States District Court in Rutland to two felony charges in connection with his involvement in the Jay Peak Biomedical Research Park EB-5 investment project, also called the AnC Vermont project.
Kelly pleaded guilty to conspiring with co-defendants Ariel Quiros, Jong Weon (Alex) Choi, and William Stenger in a multi-year wire fraud scheme to defraud immigrant investors seeking green cards through the EB-5 program. He also pleaded guilty to concealing material facts in a matter within the jurisdiction of a federal agency, namely United States Citizenship and Immigration Services (USCIS), which oversaw the EB-5 program. ....

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GEICO Loses Appeal that Sought Coverage From Another Insurer for Lamborghini Crash


GEICO Loses Appeal that Sought Coverage From Another Insurer for Lamborghini Crash
In a dispute between two insurers, a federal appellate court ruled that GEICO is solely liable for the cost of replacing a Lamborghini worth more than $100,000 that was totaled in a collision with another vehicle.
A panel of the 1st Circuit Court of Appeal rejected GEICO’s argument that Ameriprise Auto & Home Insurance should share in the cost because it insured the other vehicle involved in the crash near Tampa, Fla. and had improperly rescinded coverage. In an opinion written by Chief Judge Jeffrey R. Howard, the court found that Philip and Claudia Feldberg “snowbirds” who split their time between Massachusetts and Florida had violated the terms of their insurance contract by failing to notify the carrier that their Toyota Highlander had been left behind in Florida, where it was regularly operated by a relative. ....

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