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Hemp is hot new agricultural venture

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copyright the Chronicle September 13, 2017 by Elizabeth Trail   EAST BURKE — “Welcome to history,” said Eli Harrington, one of the organizers of Vermont Hemp Fest 2017, held over the weekend at the Burke Mountain Hotel and Conference Center. He’s also co-found... More »

Judge approves $150-million settlement

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copyright the Chronicle July 5, 201   by Joseph Gresser   U.S. District Court Judge Darrin Gayles cleared the way for contractors, merchants, and some EB-5 investors to recover money Jay Peak and Burke Mountain Resorts owes them. On Friday he gave final approv... More »

SEC turns up heat on Quiros

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copyright the Chronicle May 18, 2016 by Joseph Gresser Federal regulators turned up the heat on Ariel Quiros Tuesday when they filed an amended complaint in the civil case against the owner of Jay Peak Resort.  Mr. Quiros, along with many of his businesses, an... More »

EB-5 investor files suit against Raymond James

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copyright the Chronicle May 11, 2016  by Joseph Gresser Jay Peak’s EB-5 projects are keeping Miami’s federal court hopping. A disappointed investor has launched a class action suit aimed directly at the deep pockets of Raymond James, the financial services com... More »

Quiros asks for “reasonable” living expenses

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copyright the Chronicle May 11, 2016  by Joseph Gresser Ariel Quiros, the owner of Jay Peak and Burke Mountain, has asked federal Judge Darrin Gayles to allow him access to enough money to cover what he considers reasonable living expenses. The U.S. Securities... More »

Citibank has interest in Quiros funds

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copyright the Chronicle May 4, 2016 by Joseph Gresser After only a couple of weeks on the job, the receiver for Jay Peak, Burke Mountain, and other businesses owned by Ariel Quiros seems to have things well under control. In a news conference on Wednesday, Apr... More »

Lawsuits claim massive fraud

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copyright the Chronicle April 20, 2016 by Chris Braithwaite The fix was in from the beginning. That grim conclusion emerges from a reading of the civil lawsuits state and federal officials have filed against Bill Stenger, Ariel Quiros, Jay Peak, Inc., Q Resort... More »

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Stenger admits investors were informed late

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copyright the Chronicle August 6, 2014  by Joseph Gresser JAY — Bill Stenger and Ariel Quiros didn’t live up to state standards when they waited nine months before notifying 35 EB-5 investors they had dissolved the partnership that owned the Tram Haus Lodge at... More »

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Stenger outlines plans worth $600-million

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copyright the Chronicle 10-3-2012 by Joseph Gresser JAY — A $600-million investment plan set out by the owners of Jay Peak Resort Thursday could change the face of the Northeast Kingdom over the next three years.  In the process it could create ten thousand ne... More »