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William Kelly, advisor to Ariel Quiros, sentenced to prison

Kelly was indicted on multiple fraud charges along with Miami businessman Ariel Quiros, the former owner of Jay Peak and Burke Mountain ski resorts. ....

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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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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. ....

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