Merrill agrees to pay $4.5M settlement related to ski fraud

Investment management company Merrill has agreed to pay $4.5 million to settle allegations over its handling of accounts used related to fraud in northern Vermont developments that involved foreign investors' money, the state of Vermont announced Friday.

Related Keywords

Florida ,United States ,Burke Mountain ,Vermont ,Jay Peak ,William Stenger ,Christopher Feeney ,Ariel Quiros ,Michael Pieciak ,Exchange Commission ,Vermont Department Of Financial Regulation ,Vermont Department ,Financial Regulation ,Vermont Securities Act ,Bill Stenger ,Key Biscayne ,Business ,Investment Management ,