Try our Advanced Search for more refined results

Securities and Exchange Commission v. Quiros et al

  1. January 06, 2021

    Judge OKs $8M Deal In Jay Peak EB-5 Fraud Case

    A Florida federal judge who presided over the U.S. Securities and Exchange Commission's action against Miami businessman Ariel Quiros over his failed Jay Peak EB-5 immigrant investor project gave preliminary approval on Tuesday to an $8 million settlement of an investor action concerning the same project.

  2. August 15, 2019

    Receiver Can Sell More Property In Jay Peak EB-5 Fraud Case

    A Florida federal judge has allowed the receiver in the failed Jay Peak EB-5 immigrant investor project to sell a Vermont property relinquished by Miami businessman Ariel Quiros to benefit creditors and investors in an alleged $350 million fraud.

  3. February 04, 2019

    Land Sale Will Provide Cash For Jay Peak EB-5 Fraud Victims

    The receiver for the failed Jay Peak EB-5 project gained approval this weekend from a Florida federal judge to sell land in Vermont relinquished by Miami businessman Ariel Quiros in his settlement with the U.S. Securities and Exchange Commission over the alleged $350 million investment fraud.

  4. January 07, 2019

    Fla. Court Approves Condo Deal In EB-5 Fraud Suit

    A Florida federal court on Monday approved a settlement involving an office condominium owned by former ski resort owner and Miami businessman Ariel Quiros, almost a year after he settled claims lodged by the U.S. Securities and Exchange Commission that he misappropriated millions of dollars from immigrant investors.  

  5. December 07, 2018

    Bank Slams Bid To Shelter Owner In Jay Peak Fraud Case

    People's United Financial Inc. asked a Florida federal judge Thursday to deny a receiver's bid to protect Ariel Quiros, allegedly the architect of a $350 million EB-5 visa fraud scheme involving Vermont ski resort Jay Peak, saying there is no legal basis to reward Quiros by sheltering him from further claims.

  6. October 19, 2018

    Jay Peak Receiver, Ex-Owner Ink Deal In $350M EB-5 Suit

    The receiver for the failed Jay Peak EB-5 project asked a Florida federal judge Friday to approve a settlement ending the suit against a former ski resort owner over a $350 million investment fraud scheme, calling the deal an "important step" in allowing the receiver to sell the property and compensate investors.

  7. August 20, 2018

    Jay Peak Receiver Settles Tax Dispute With Vermont Town

    A Florida federal court has approved a settlement reached between the court-appointed receiver for the failed Jay Peak EB-5 project and the town of Jay, Vermont, on interest and penalties stemming from $2 million in property taxes paid late to the town.

  8. March 14, 2018

    Jay Peak Receiver Seeks OK On $1.5M Deal With Contractor

    The court-appointed receiver for the failed Jay Peak EB-5 project asked a Florida federal judge Tuesday to approve a $1.5 million settlement agreement with contractor PeakCM LLC, which represents a discount from the company's initial $2.75 million in claims.

  9. February 08, 2018

    Receiver Can Reinvest Funds From Fraud-Wracked EB-5 Deal

    A Florida federal judge has agreed to allow the court-appointed receiver for the failed Jay Peak EB-5 investment project to sink up to $67 million of immigrant investors' money into a New York-based project that could give investors a chance to still get their green cards.

  10. February 02, 2018

    Jay Peak Owner Settles EB-5 Suit With SEC For $81M

    Miami-based businessman Ariel Quiros, the man behind an alleged scheme involving investments in Vermont ski resort Jay Peak, has agreed to pay back about $81 million of investor money that he used illegally, the U.S. Securities and Exchange Commission said Friday.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!