Defense attorneys for the former Jay Peak president have asked a federal judge to reconsider a $250,000 restitution payment in light of new information allegedly withheld by the Vermont attorney general’s office.
Author: Anne Galloway
An ‘unknowing pawn?’: From prison, Bill Stenger claims state ‘covered up’ Jay Peak fraud
The former president and CEO of Jay Peak took aim at state officials in a court filing for failed oversight in the largest fraud case in Vermont’s history. Former Gov. Peter Shumlin called it “a classic example” of blame-shifting.
From the Editor: Paying VTDigger forward￼
I’m stepping back from management of VTDigger and the Vermont Journalism Trust to become the founder and editor-at-large.
Shumlin argued over escrow accounts to protect investors, former DFR commissioner says
As questions were raised about a missing $40 million and self-dealing at AnC Bio, the project was reinstated, Susan Donegan said in federal court.
‘I got lost along the way’: Stenger sentenced to 18 months in prison for role in EB-5 fraud
Judge Geoffrey Crawford handed down the sentence Thursday in federal court in Burlington. He also ordered Stenger, the former president of Jay Peak Resort, to pay restitution of $250,000.
Former Shumlin chief of staff sought to limit state probe of EB-5 fraud, Stenger's lawyers argue
Attorneys for the former Jay Peak president say Liz Miller urged the Department of Financial Regulation to back off "a carte blanche review" of personal bank accounts of the developers of AnC Bio Vermont. She disputes that contention.
‘Just between you and me’: FBI records reveal an EB-5 fraudster’s direct line to Gov. Peter Shumlin
Shumlin took gifts, campaign contributions and apartment stays from Jay Peak owner Ariel Quiros while he helped the Miami developer troubleshoot problems, the records show. A top regulator threatened to resign from Shumlin’s cabinet if he failed to protect investors.
Judge: FBI interviews of Shumlin administration in EB-5 fraud case must be unsealed
The ruling will provide public access to summaries of interviews with the former governor, his top staffers and others who were responsible for overseeing the development projects at Jay Peak Resort and other Northeast Kingdom properties owned by the Miami developer Ariel Quiros.
We made it: VTDigger successfully ends annual drive
Thanks to the generosity of members, VTDigger’s capacity to produce top-notch reporting for Vermont is stronger than ever. Read on for a glimpse of the year to come.
Letter from the Editor: Thanksgiving isn't just about the food
On one day a year, we are reminded to set our difficulties aside and give each other credit for making an effort to be kinder, understanding and more forgiving.