ProPublica, the national investigative news outlet, produces the Breakthrough, a podcast where investigative reporters talk about their biggest stories. On Friday, VTDigger’s Anne Galloway joined the show to discuss her investigation into the multimillion-dollar Northeast Kingdom development that she thought was “too good to be true.”
Host Jessica Huseman writes:
Galloway and her team dug deep, fought multiple legal battles over records and worked to gain the trust of investors losing confidence in the project. They chronicled complaints that this development was starting to feel like a scam, and reported on the cozy relationship Bill Stenger had with state oversight authorities.
Four years and dozens of stories later, the Securities and Exchange Commission announced federal fraud charges against Stenger and Ariel Quiros in what they called a “massive eight-year fraudulent scheme.”
- State of Vermont vs Bill Stenger & Ariel Quiros
- UNITED STATES SECURITIES AND EXCHANGE COMMISSION vs Ariel Quiros & Bill Stenger
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