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Full details available only for registered and approved users.
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Full details available only for registered and approved users.
From the very beginning, a year-round farmers market was envisioned to occupy the ground floor of the six-story apartments at 2900 Grand Ave. Those plans were delayed with the legal troubles of now imprisoned developer Lobsang Dargey. Th...
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Vermont Business Magazine Attorney General TJ Donovan has asked the Lamoille Superior Court to dismiss a lawsuit brought by five EB-5 investors against the State of Vermont and 10 current and former state employees. Plaintiffs allege that they...
Rendering of the Nordstrom flagship store and its main entrance on 57th Street Banks are wary they can’t sell debt before holiday sales season The Nordstrom family is scurrying to come up with more equity to take the retailer private as ...
Full details available only for registered and approved users.
A De Pere businessman who defrauded a local bank has reached a plea agreement with federal prosecutors. A federal grand jury indicted Ron Van Den Heuvel on 19 counts, alleging that he took part in a scheme to defraud Horicon Bank. As part o...
Michael Goldberg, the court-appointed receiver in the EB-5 fraud case, speaks at a Statehouse news conference Thursday. Ten people have become the first defrauded EB-5 investors in the Jay Peak Resort projects to obtain permanent U.S. resid...
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Michael Goldberg explains a settlement with the financial firm Raymond James which will pay contractors and investors owed money in the Jay Peak and Burke Mountain EB-5 projects at the Statehouse in Montpelier on Thursday, April 13, 2017.  ...
Full details available only for registered and approved users.
Full details available only for registered and approved users.
Full details available only for registered and approved users.
The Hotel Jay is the signature project of the Jay Peak Resort expansion. The developers used EB-5 immigrant investor money to build the five-story hotel. An investor alleges that the fifth floor was double-sold to two sets of investors.  Go...

Litigation News, Articles

Minggan Wei sits in the Boston office of his company, LobsBoston. Wei, an investor in Q Burke, says he is out $500,000, and his immigration status is in doubt because of the alleged fraud perpetrated by Bill Stenger and Ariel Quiros, the J...
A Center Harbor man and his one-time employer faced each other in court on Tuesday after their parting left such hard feelings on both side that each filed a lawsuit. Keith Fitzgerald claims he was hired by Tenney Mountain Development Group...
The unfinished Palm House hotel-condominium on Royal Palm Way. By William Kelly A lawsuit alleges that the Palm House condominium-hotel is at the center of a vast criminal scheme in which more than 50 foreign investors were defrauded...
Street view of the project at 160 Royal Palm Way. Inset: Robert and Mia Matthews More than 50 Chinese and Iranian investors filed a lawsuit against the developers of the Palm House condo-hotel project, alleging they were defrauded out o...
A lawsuit filed by dozens of investors from China and Iran accuses promoters of the long-dormant Palm House Hotel of defrauding them of $50 million. The allegations are just the latest setback for the prime piece of real estate located less...
Employers do not have it easy.  It is hard enough to find the right employee, or to make payroll every week.  Now, states as well as the federal government have deemed employers to be the "root cause of all illegal immigration."  Immigration autho...
Among the unsolved mysteries of South Dakota’s EB-5 scandal is how $167 million in state subsidies and private capital, including $95 million in EB-5 visa investment money, could have disappeared into Northern Beef Packers, a beef plant that t...
Even the snowy slopes of rural Vermont aren’t too remote for allegations of large-scale fraud. The U.S. Securities and Exchange Commission has filed a civil lawsuit alleging a “massive eight-year fraudulent scheme” involving a series of...
The Securities and Exchange Commission says that two Northeast Kingdom developers and their companies have defrauded foreign investors in the federal EB-5 program. Federal and state authorities raided the Jay Peak and Q Burke resorts Wednes...
The federal Securities and Exchange Commission on Thursday unveiled a civil fraud complaint charging a “Ponzi-like scheme” involving the main actors in major Northeast Kingdom development projects for misusing $200 million dollars of foreign i...
  Jay Peak Ski Resort president Bill StengerPhoto: AP These alleged scammers were out over their skis. The feds on Thursday charged the developers of a rural Vermont ski resort with a $350 million “Ponzi-like” scheme that fleeced ...
The Securities and Exchange Commission has charged Ariel Quiros and Bill Stenger with fraud. The federal regulators accuse the developers of Jay Peak and Q Burke of diverting $200 million in investor money. Of that amount, the SEC says Quir...
Federal investigators have alleged "an ongoing, massive eight-year fraudulent scheme" using investments in seven projects linked to the Jay Peak resort in Vermont's Northeast Kingdom. A criminal investigation is ongoing, said the state's to...
While teacher pay and increasing health care coverage are both important issues, the most important issue to be tackled this legislative session must be government corruption. Over the last two years, we’ve seen the explosion of two major scan...
In this photo taken Wednesday, Dec. 9, 2015, shown is a partial view of vacant land set aside to build a new City Center, in Port St. Lucie, Fla. A visa program that gives overseas investors permanent U.S. residency in exchange for a job-c...
A partnership that started in April turned sour over the summer and has landed the opposing parties in court with potentially $11 million at stake. Gregory Palivos filed a complaint Nov. 9 against Kyle Rolek, individually and as an agent of...
He allegedly stole from firm, immigrants Over at least the past four years, federal investigators say Stephen Young Kang took millions of dollars from Korean clients who asked him to invest their money and instead used it for his own expens...
Authorities are Seeking Possible Additional Victims in California and Texas An attorney who allegedly took several million dollars in investment capital from clients and used the funds for personal expenses and luxury items was indicted tod...
Can one imagine a less promising new litigation initiative from the SEC than this: The SEC's Regional Office in Los Angeles has issued Wells Notices to immigration attorneys (including at least one in New York City) on the theory that, in assi...
The Luhrs Downtown Marriott Project has been processing smoothly, with more investor applications being filed with USCIS and the project is filling up quickly. ...

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