Mike Smith, host of “Open Mike with Mike Smith” on WDEV.
Since 2014, VTDigger has investigated allegations of fraud at Jay Peak Resort and related developments in the Northeast Kingdom. This week, we reported on two new steps toward the resolution of this case.
On Monday, Gov. Phil Scott announced that U.S. Citizenship and Immigration Services intended to shut down the Vermont EB-5 Regional Center, which was charged with overseeing the projects funded by immigrant investors. On Tuesday, we found out that Ariel Quiros had agreed to drop his challenge to the fraud allegations and negotiate a partial settlement with the Securities and Exchange Commission.
On this week’s podcast, VTDigger Editor Anne Galloway joins Mike Smith on WDEV Radio’s “Open Mike” to talk about the regional center’s closure, Quiros’ settlement, and another recent interview that goes behind the scenes of her years of investigation.
- Vermont EB5 Regional Center
- U.S. Citizenship and Immigration Services
- Ariel Quiros
- UNITED STATES SECURITIES AND EXCHANGE COMMISSION
- State of Vermont vs Bill Stenger & Ariel Quiros
- UNITED STATES SECURITIES AND EXCHANGE COMMISSION vs Ariel Quiros & Bill Stenger
Subscribe for News
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.