Rep. Chris Pearson, P-Burlington, is calling for Gov. Peter Shumlin's administration to release the former staff emails that Shumlin's attorney requested be deleted.
The request became public around the same time a Securities and Exchange Commission complaint accusing Jay Peak chief executive officer Bill Stenger and owner Ariel Quiros of massive fraud was filed in Miami federal court. Shumlin administration officials said the timing was coincidence. All emails regarding Jay Peak, the EB-5 program allowing foreign nationals to invest $500,000 in projects in economically depressed areas in exchange for residency, Stenger and Quiros are under a litigation hold by the Attorney General's Office.
Pearson filed a nonbinding resolution asking for the emails to be made public on Wednesday. The Vermont House will take up the issue on Friday.
"I think there's a lot of people around the state of Vermont that feel it's hard to trust a lot of the stories coming out of Montpelier," Pearson said on Thursday.
He added that he was prepared to believe Shumlin, but wants him to prove the emails were unrelated.
Scott Coriell, a spokesman for Shumlin, said Pearson's resolution was riddled with inaccuracies and called his actions political grandstanding.
The emails in question will not be deleted at the moment. Coriell said they will be subject to public records requests.
Mentions
- Vermont EB5 Regional Center
- UNITED STATES SECURITIES AND EXCHANGE COMMISSION
- Ariel Quiros
- Bill Stenger
- Peter Shumlin
Litigation Cases
- State of Vermont vs Bill Stenger & Ariel Quiros
- UNITED STATES SECURITIES AND EXCHANGE COMMISSION vs Ariel Quiros & Bill Stenger
States
- Vermont
Securities Disclaimer
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.
