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Dig through the documents released in the Jay Peak fraud case

Dig through the documents released in the Jay Peak fraud case
April McCullum, Burlington Free Press
© ADAM WHITE/FREE PRESS FILE
Jay Peak President and CEO Bill Stenger points out progress on the construction of the resort s new indoor water park at the main base area in 2010.
A series in 4 parts
© FREE PRESS
Ariel Quiros, second from right, Bill Kelly, right, and Bill Stenger, second from left, pose with Vermont s governor and congressional delegation, including Sen. Patrick Leahy and Sen. Bernie Sanders, at a news conference Sept. 27, 2012. This photo was released in documents from the state of Vermont.
The largest fraud in Vermont history left an enormous paper trail. ....

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Assurances aren't enough: Pressure mounts on ski resort owner in Vermont's largest fraud

Assurances aren’t enough: Pressure mounts on ski resort owner in Vermont’s largest fraud
April McCullum and Dan D Ambrosio, Burlington Free Press
© EMILY McMANAMY/FREE PRESS FILE
The Pump House Indoor Water Park at Jay Peak Resort is a humid oasis away from the cold ski conditions on Jay s mountains. The resort opened the water park to provide options for skiers and non-skiers.
A series in 4 parts
To those who were watching carefully in 2012, the cracks in Ariel Quiros’ scheme were beginning to show.
The first public sign of trouble at Jay Peak ski resort came from Douglas Hulme, a British broker who had been given exclusive marketing rights for the resort’s first EB-5 projects. ....

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A ski resort, a dream and greed: How a $350M fraud happened in Vermont's poorest region

A ski resort, a dream and greed: How a $350M fraud happened in Vermont’s poorest region
Dan D Ambrosio and April McCullum, Burlington Free Press
© COURTESY
Jay Peak Resort seen on Thursday, January 17, 2020. The resort got about 8 inches of snow between Wednesday and Thursday with more expected over the MLK Day holiday weekend.
No one would have recognized the man with icy eyes and a military bearing who drove through rural Vermont in 2007 with his lawyer in tow.
In anonymity, Ariel Quiros brought his real estate attorney, Fred Burgess, on a tour of the mountainous area near the Canadian border that’s known as the Northeast Kingdom. Laced with lakes and expansive forests, the Kingdom, as locals call it, is a silent fortress of natural beauty, hardscrabble dairy farms and people eager for a return to prosperity. ....

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Assurances aren't enough: Pressure mounts on ski resort owners in Vermont's largest fraud

Assurances aren’t enough: Pressure mounts on ski resort owners in Vermont’s largest fraud
April McCullum and Dan D Ambrosio, Burlington Free Press
© EMILY McMANAMY/FREE PRESS FILE
The Pump House Indoor Water Park at Jay Peak Resort is a humid oasis away from the cold ski conditions on Jay s mountains on Wednesday Feb. 8, 2012. Jay opened the water park to provide year-round resort options for both skiers and non-skiers.
This is the second of a three-part investigation. Read the first story here:
To those who were watching carefully in 2012, the cracks in Ariel Quiros’ scheme were beginning to show.
The first public sign of trouble at Jay Peak ski resort came from Douglas Hulme, a British broker who had been given exclusive marketing rights for the resort’s first EB-5 projects. ....

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