Federal Judge Geoffrey Crawford said he was considering a “carve out” for witness statements from past and present state officials and employees from an earlier protective order he signed off on that blocked their release.
Roughly 600 pages of records unsealed in federal court last week provide new details about the lengths to which Vermont state officials went in concealing the Northeast Kingdom fraud from investors, the public and the press.
“These documents appear to shine a light on the critical question of when the State became aware of the largest financial fraud in Vermont’s history,” according to the amicus brief, which the news organization filed Wednesday.
The Shumlin administration misled investors and federal agencies in a push to finish the Burke hotel, according to a new filing in federal court.
State regulators and the Vermont Attorney General’s Office hid the fraud from investors and the public for 13 months before the SEC shut down the Jay Peak projects, according to a suit filed in federal court this week.
Vermont has the most heavily regulated health care system in the country. Meanwhile, health care costs are high, the all-payer model has shown mixed results and rural hospitals are struggling financially.
A lawyer for Alex MacLean, who served as former Gov. Peter Shumlin’s deputy chief of staff, took strong exception to the claim included in a filing by attorneys for indicted former Jay Peak president and CEO Bill Stenger.
Despite evidence that the Jay Peak developers had misused money from EB-5 investors, Gov. Peter Shumlin pressured officials in March 2015 to reinstate the suspended Burke Mountain and AnC Bio Vermont projects, allowing the developers to defraud more investors, records show.
Senate Democrats, who haven’t held a fundraiser in recent years, are using the money to hire two part-time legislative aides.
Vermont and Utah have used facial recognition technology to run searches for U.S. Customs and Immigration Enforcement officials.
In Chicago, a civil EB-5 fraud case led to criminal charges in just 18 months. Vermont officials are mum about why the Jay Peak developers haven’t faced jail time.
The bill, approved by the House Wednesday, had been overwhelmingly passed by the Senate and now goes to Gov. Phil Scott for his signature.
The former governor said he never made misrepresentations about the project, despite appearing in a 2013 promotional video in which he later admitted making a false statement.
An alleged Brattleboro dealer was detained as a ‘danger to the community’ in U.S. District Court on Tuesday, but suspicious activity at his former residence continues.