On Sept. 4, the Vermont State Auditor’s Office published a 32-page report titled, “Interim Report on EB-5 Program.” The information was meant to address the findings of an audit conducted by the auditor’s office. The audit was requested be...
The 132-room Aloft Syracuse Inner Harbor hotel opened on West Kirkpatrick Street in July 2016. A company representing foreign investors has filed a lawsuit claiming the partners of Cor Development Co. cheated them out of $4 million loaned b...
Ragged Mountain Ski Resort, Danbury Seeks return of $545,000 investment in Danbury ski resort expansion A Ukrainian investor is suing the Ragged Mountain resort in Danbury to return $545,000 he invested in the resort’s expansion though t...
Vermont State Auditor Doug Hoffer released the first part of an audit into the state’s role in the EB-5 fraud. The rest of the report must wait until various litigations are settled. Vermont Auditor Doug Hoffer has released an “interim rep...
The complaint said former Nelson Mullins partner Steve Park worked to set up a competing operation to market EB-5 visas while still serving a corporate counsel for Southern States Regional Center. A complaint filed in Fulton County levels l...