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SEC turns up heat on Quiros


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 »

Citibank has interest in Quiros funds


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 »

Jay Peak is alarmingly short of money


copyright the Chronicle April 27, 2016 by Joseph Gresser Jay Peak may not have enough money to keep going through the summer, said Michael Goldberg, the Florida lawyer put in charge of overseeing the collection of EB-5 projects centered around the ski resort. ... More »

EB-5: Suspicions arose in 2010


copyright the Chronicle April 27, 2016 by Tena Starr A suspicious Securities and Exchange Commission (SEC) started questioning Bill Stenger and Ariel Quiros, owner of Jay Peak and Q Burke, back in May of 2014.  But they weren’t the only ones who were suspiciou... More »

Stenger and state spar over finances


copyright the Chronicle April 13, 2016 by Joseph Gresser EAST BURKE – A long-running disagreement between the sponsors of two EB-5-funded projects and state regulators has been thrown into sharp relief through an exchange of letters between the owners of Q Bur... More »