Three years on, no criminal charges in Jay Peak fraud

Gov. Peter Shumlin, Jay Peak CEO Bill Stenger, Ariel Quiros, the owner of Jay Peak, and his son Ary Quiros at a ribbon cutting.

No criminal charges have been brought in the Jay Peak Resort fraud scandal — three years after federal and state regulators filed civil charges against the developers, Ariel Quiros and Bill Stenger. Both men settled the civil charges with the U.S. Securities and Exchange Commission more than a year ago and came to an agreement with the state 10 months ago.

Source: https://vtdigger.org/2019/04/28/three-years-no-criminal-charges-jay-peak-fraud/