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Quiros agrees to settlement


copyright the Chronicle August 30, 2017   by Joseph Gresser   Ariel Quiros, the owner of Jay Peak, has followed the path blazed several months ago by Bill Stenger, the resort’s former president, and agreed to a settlement on civil charges of investment fraud. ... More »

EB-5 investor sues state


copyright the Chronicle June 21, 201   by Joseph Gresser   An investor in the first of Jay Peak’s EB-5 projects is suing the state Agency of Commerce and Community Development, the Department of Financial Regulation, the Vermont Regional Center (VRC), and a nu... More »

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 »

EB-5 investor files suit against Raymond James


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 »

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 pled ignorance to SEC in 2014


copyright the Chronicle April 20, 2016 by Chris Braithwaite When investigators with the U.S. Securities and Exchange Commission asked Bill Stenger whether his partner had bought Jay Peak resort with money misappropriated from foreign investors, Mr. Stenger sai... More »