Emails obtained by VTDigger show internal squabbling within Vermont’s executive branch over the release of state EB-5 reports filed with the federal government.

The records would shed light on what the state was telling federal authorities during an eight-year period in which the developers of Jay Peak resort carried out a monumental fraud in the Northeast Kingdom.

The Vermont EB-5 Regional Center filed annual reports with U.S. Citizenship and Immigration Services (the so-called I-924), and forms for individual projects (the I-924A), from 2008 through 2016. During that time, former Jay Peak owner Ariel Quiros and the ski area’s CEO Bill Stenger misused $200 million in foreign investment money through the state-run EB-5 program.

More than 800 investors were affected by the fraud. Most have not recouped the $500,000 they each invested in the Jay Peak projects; more than half have not received green cards as promised through the program.

Read more at VTDigger.org (Governor’s office, agency attorneys dispute release of EB-5 records)

We use a Facebook Comments Plugin for commenting. No personal harassment, abuse or hate speech is permitted. Comments should be 1000 characters or fewer. We moderate every comment. Please go to our Terms of Use/Privacy Policy "Posting Rules and Interactivity" for more information.