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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. ....

United States , Burke Mountain , Burlington International Airport , South Korea , Jay Peak , South Korean , Raymond James , Mike Dupontstarts , Michael Gibson , Ariel Quiros , Bill Kelly , James Candido , David Rosenbaum , Alex Maclean , Chang Xiao , Winthroph Smith , John Kessler , Qurio Raymond James , William Kelly , Patrick Leahy , Michael Pieciak , Lawrence Miller , Douglas Hulme , Susan Donegan , Joel Burstein , Ariel Qurio ,

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. ....

United States , United Kingdom , New York , Burke Mountain , South Korea General , South Korea , Trump Place , Jay Peak , Douglas Hulme , Raymond James , Joel Burstein , Ariel Quiros , Ariel Quiro , John Carpenter , Alex Choi , Mike Dupont , Michael Pieciak , Patrick Leahy , Exchange Commission , New York Times , Vermont Department Of Financial Regulation , Immigration Service , Pump House Indoor Water Park , Jay Peak Resort , Newport Daily , Fifth Avenue ,

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. ....

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 ,

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 ,