copyright the Chronicle October 19, 2016
by Joseph Gresser
NEWPORT — Lawyers for Bill Stenger have told the state to bring it on. In a September 7 filing in the Civil Division of Washington County Superior Court, they denied all the fraud charges related to EB-5 visa funded projects sponsored by Jay Peak and have demanded a jury trial.
Mr. Stenger recently settled similar charges levied against him by the federal Securities and Exchange Commission (SEC). In the settlement, Mr. Stenger did not admit or deny the charges against him, but he agreed to accept whatever penalties U.S. District Judge Darrin Gayles may decide to assess.
Mr. Stenger also promised that he would not say anything that contradicted the SEC charges.
…To read the rest of this article, and all the Chronicle‘s stories, subscribe:
Annual online subscription
Short-term online subscription
(To find a particular article, search for the corresponding edition of the newspaper)