August 17, 2020 | Daily Business Review
Miami Businessman Pleads Guilty in Vermont Ski Fraud CaseAriel Quiros, the former owner of Jay Peak and Burke Mountain ski resorts in northern Vermont, changed his plea to guilty on charges of conspiracy to commit wire fraud, money laundering and the concealment of material information.
By Lisa Rathke
4 minute read
October 21, 2019 | Daily Business Review
Fort Lauderdale Attorney Hopes to Sell Vermont Resorts Hit by Fraud Next SummerCourt-appointed receiver Michael Goldberg and an investment bank have been marketing Jay Peak for months.
By Lisa Rathke
3 minute read
May 22, 2019 | Daily Business Review
Ski Resort Leaders, Businessman Indicted on Fraud ChargesThe grand jury indictment alleges defendants led by a Miami businessman conspired to embezzle EB-5 investors' funds and deceive investors about a project's number of jobs and ability to generate revenue.
By Lisa Rathke and Kathy McCormack
4 minute read
November 15, 2016 | Daily Business Review
In Miami, More Investors Sue Businessman in Vermont Fraud CaseA group of Chinese investors has filed a lawsuit against a businessman accused of massive fraud involving foreign investors' money in northern Vermont developments.
By Lisa Rathke, Associated Press
5 minute read
September 08, 2016 | Daily Business Review
Receiver Reaches $13.3 Million Settlement With CitibankA receiver overseeing two ski resorts at the center of a fraud investigation says a $13.3 million settlement with Citibank will subsidize operations at one of the resorts and a newly opened hotel at the other and pay contractors and vendors.
By Lisa Rathke
4 minute read
May 06, 2016 | Daily Business Review
Foreign Investors in Fizzled Development Tied to South Florida Man at Wit's EndForeigners who had been banking on their investments in a biomedical research facility and a hotel and rental cottage project in northern Vermont to get green cards are scrambling to find a backup now that the project's developers are accused of misusing hundreds of millions of dollars of investors' money in what investigators called a "massive eight-year fraud scheme."
By Lisa Rathke, Associated Press
5 minute read
April 27, 2016 | Daily Business Review
Vermont Ski Resort Could Be Forced to Close Amid Fraud ProbeA federal receiver appointed to oversee two Vermont ski resorts amid allegations of massive fraud says Jay Peak could close and Q Burke Mountain may not open without additional money.
By Lisa Rathke, Associated Press
5 minute read
April 21, 2016 | Daily Business Review
Massive Fraud Claims, With Miami Developer Entangled, Reverberate in Remote Area of VermontSweeping development plans for a remote area of northern Vermont, a biomedical research plant, a hotel and conference center, an airport runway extension and big upgrades at two ski areas, brought the promise of jobs to a region that has some of the highest unemployment rates in the state.
By Lisa Rathke, Associated Press
11 minute read
July 18, 2014 | Daily Report Online
Marijuana Edibles Burgeoning Into An IndustryThe proliferation of marijuana edibles for both medical and recreational purposes is giving rise to a cottage industry of baked goods, candies, infused oils, cookbooks and classes that promises a slow burn as more states legalize the practice and awareness spreads about the best ways to deliver the drug.
By Lisa Rathke
5 minute read
January 09, 2009 | Daily Report Online
Ky. inmates: Foul chicken was emotionally damagingBURLINGTON, Vt. AP - Three men suing ConAgra Foods Inc. over frozen chicken they ate three years ago while in prison got their day in court Thursday.The chicken didn't.Christopher Butts, who says he was sickened by the bird, and Henry Butson and Corydon Cochran, who acknowledged they didn't become ill but are seeking emotional damages, brought the evidence in a brown paper bag to their civil trial Thursday in federal court.
By LISA RATHKE
3 minute read