[S]ince 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.
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