Lisa Rathke Associated Press

Lisa Rathke Associated Press

November 15, 2016 | Daily Business Review

In Miami, More Investors Sue Businessman in Vermont Fraud Case

A 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

May 06, 2016 | Daily Business Review

Foreign Investors in Fizzled Development Tied to South Florida Man at Wit's End

Foreigners 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 Probe

A 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 Vermont

Sweeping 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