Ariel Quiros News

Vermont to Freeze Remaining Assets in Ski Resort Fraud Case

A judge has approved freezing the remaining assets of a former Vermont ski resort owner who is being investigated on suspicion of investment fraud. Michael Pieciak, commissioner of the state Division of Financial Regulation, tells the Caledonian Record the judge …

Businessman in Vermont Ski Resort Fraud Case Agrees to Pay $81M

A Miami businessman accused of massive fraud involving foreign investors’ money in a Vermont ski area has agreed to pay back more than $81 million and give up ownership of two ski resorts, the Securities and Exchange Commission said Friday. …

$150M Settlement Gets Final Approval in Vermont Ski Resort Fraud Case

Contractors and vendors owed millions of dollars after the owner and president of a Vermont ski resort were accused of massive fraud will soon see their bills paid. The Caledonian Record reports the federal receiver overseeing Jay Peak ski resort …