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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. ....

United States , New York , Burke Mountain , United Kingdom , Trump Place , Jay Peak , White Plains , South Korea General , South Korea , Neil Taylor , Ken Strauss , Raymond James , Fred Burgess , Ariel Quiros , Bill Kelly , Ariel Quiro , John Kessler , Jeffrey Schneider , Alex Choi , Patrick Leahy , Michael Pieciak , Douglas Hulme , Eric Flachbert , Peter Shumlin , Frank Esposito , Joel Burstein ,

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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How Jay Peak fraud became example of greed and flawed oversight

Snowed
A ski resort, a dream and greed: How a $350M fraud happened in Vermont’s poorest region
April McCullum and Dan D Ambrosio, Burlington Free Press
Published
3:22 pm UTC Dec. 18, 2020
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. ....

United States , New York , Orleans County , Burke Mountain , Newport State Airport , Republic Of , South Africa , Jay Peak , White Plains , South Korea , Neil Taylor , Ken Strauss , Raymond James , Fred Burgess , Ariel Quiros , Bill Kelly , John Kessler , Jeffrey Schneider , Patrick Leahy , Michael Pieciak , Bernie Madoff , Eric Flachbert , Frank Esposito , Peter Shumlin , Joel Burstein , Ariel Qurios ,

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
April McCullum and Dan D Ambrosio, 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.
A series in 4 parts
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. ....

United States , New York , Orleans County , Burke Mountain , Newport State Airport , Republic Of , South Africa , Jay Peak , White Plains , South Korea , Neil Taylor , Ken Strauss , Raymond James , Fred Burgess , Ariel Quiros , Bill Kelly , John Kessler , Jeffrey Schneider , Patrick Leahy , Michael Pieciak , Bernie Madoff , Eric Flachbert , Frank Esposito , Peter Shumlin , Joel Burstein , Ariel Qurios ,

HLN Morning Express With Robin Meade November 20, 2009

galbraith said that manufacture numbers for sake of testimony. i think he got a perfect example of what it is he warned us against at that time. thank you. thank you. thank you very much. thank you for the opportunity today. i should warn you that i m an economist that manufactured numbers for the purpose of this testimony. hopefully they are not made up but actually good estimates. let me start off by saying there can be no accountability without transparency and i applaud the efforts of this committee and the congress and the administration to take transparency seriously. my testimony today will focus primarily on jobs. i want to make four main points. they are elaborating my written testimony. let me cover my bases here. . recipient report is late on recovery.gov are not perfect. this should not be a surprise given the short timeframe in which the system was implemented, given the sheer number of reports and the problems inherited this kind of endeavor, two error ....

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