Vermont Ends EB-5 Visa Ski Resort Fraud Claims For $16.5M

By Rae Ann Varona · August 22, 2023, 7:01 PM EDT

Vermont agreed to pay $16.5 million to resolve claims it failed to detect a $350 million ski resort EB-5 visa fraud scheme, with funds intended to go to victims who didn't...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Motion

Case Information

Case Title

Securities and Exchange Commission v. Quiros et al

Case Number

Court

Florida Southern

Nature of Suit

Securities/Commodities

Date Filed

April 12, 2016

Recent Articles By Rae

November 13, 2024
Telecom Co. Lumen's Contract Breach Suit Survives, For Now
November 01, 2024
USCIS Moves To Toss Regional Centers' EB-5 Guidance Fight
October 24, 2024
2nd Circ. Largely OKs Gun Control Law After High Court Order
October 21, 2024
Rocket Mortgage Faces DOJ Suit Alleging Refi Race Bias
October 17, 2024
Ex-NFL Player Indicted For Real Estate Embezzlement
October 08, 2024
Genting Unit Used Bahamas Resort To Hide Fraud, Suit Says
September 04, 2024
Leech Tishman Combines With Calif. Firm Nelson Hardiman
August 26, 2024
LA To Pay $38.2M In FCA Suit Alleging Inaccessible Housing
July 16, 2024
EB-5 Investors Seek Sanctions Over 'Flight Risk' Defendant Info
June 28, 2024
Wyndham Can't Escape Ohio Sex Trafficking Liability Suit