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Last AnC Bio counts dropped

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by Joseph Gresser

BURLINGTON —The final shoe in the EB-5 fraud that has kept federal courts in Burlington and Miami busy for the past six years dropped Monday.

Three years after Jong Weon “Alex” Choi was indicted along with Ariel Quiros, former owner of Jay Peak and Burke Mountain, Bill Stenger, former president of Jay Peak, and William Kelly, a business associate, of Mr. Quiros, the ten criminal charges against him were dropped by the office of the U.S. Attorney for Vermont.

Mr. Choi faced 10 charges related to the AnC Bio project, which U.S. District Court Judge Geoffrey Crawford termed “a fraud from beginning to end.”  Unlike his fellow defendants, Mr. Choi, a Korean citizen, never showed up for his arraignment.

Federal prosecutors said they didn’t know where he was…

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