The Securities and Exchange Commission filed and settled charges against a former Raymond James & Associates branch manager in Coral Gables for helping facilitate an EB-5 fraud that generated $364 million for a Vermont ski resort.

The SEC’s complaint alleged Joel Burstein, who according to BrokerCheck was at Raymond James from 2001 to 2016, aided and abetted ski resort owner Ariel Quiros of Miami in misappropriation and misuse of investor money that flowed through about 15 Raymond James brokerage accounts.

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