• Skip to navigation
  • Skip to content
Print-logo
  • Home
  • Projects
  • about
  • blog
  • Newsletters
  • Categories
    • General
    • EB-5
    • Events
    • Projects
    • Fraud
    • Investigations
    • Regulatory
  • Authors
  • Contact
Logo1

Quiros indictment sets stage for battle over state’s role in EB-5 fraud

Viji Durga  May 22, 2019   comments   Fraud

Ariel Quiros leaves federal court in Burlington on Wednesday after being arraigned on charges pertaining to the EB-5 fraud case. 

The indictment of former Jay Peak owner Ariel Quiros could reveal the extent of the state’s role in the EB-5 scandal as he wages a defense against criminal charges brought by federal prosecutors.

In court Wednesday, Quiros pleaded not guilty to charges of money laundering and wire fraud. His lead attorney said documents from the prosecution’s investigation could expose state officials’ involvement in the scandal and shift blame for the $200 million investor fraud away from his client.

Source:  https://vtdigger.org/2019/05/22/quiros-indictment-sets-stage-battle-states-role-eb-5-fraud/

Read more by clicking below image 

 

EB-5 Visa, EB5 Visa, EB-5 Investment

comments powered by Disqus
Subscribe to News
Most Popular News
  • SEC Halts $150 Mio. Ponzi Scheme with ties to EB-5 Regional Center

    SEC Halts $150 Mio. Ponzi Scheme with ties to EB-5 Regional Center
  • The Rise and Fall of South Dakota: A Cautionary Tale for EB-5 Public Private Partnerships Part I

    The Rise and Fall of South Dakota: A Cautionary Tale for EB-5 Public Private Partnerships Part I
  • Former EB-5 Visa Regional Center El Monte Being Investigated

    Former EB-5 Visa Regional Center El Monte Being Investigated
  • Successful Raise: EB-5 Funded Project Closes in Massachusetts

    Successful Raise: EB-5 Funded Project Closes in Massachusetts
  • China EB-5 Visas “Unavailable” for Remainder of FY2014 – What Does This Mean?

    China EB-5 Visas “Unavailable” for Remainder of FY2014 – What Does This Mean?

Most Popular Commentary
  • More Cautions About New EB-5 Policy Changes

    More Cautions About New EB-5 Policy Changes
  • Lessons I Learned From My First EB-5 Capital Raise: A Developer’s Perspective

    Lessons I Learned From My First EB-5 Capital Raise: A Developer’s Perspective
  • Perspectives on New EB-5 Policy Memo: Promise and Possibility

    Perspectives on New EB-5 Policy Memo: Promise and Possibility
  • Publicity and EB-5 Offerings: What on Earth Are You People Doing?

    Publicity and EB-5 Offerings: What on Earth Are You People Doing?
  • EB-5 Regional Center Payments to Chinese Emigration Agents

    EB-5 Regional Center Payments to Chinese Emigration Agents

Contact Us

EB5 News
email:michael@usadvisors.org

Latest Posts

  • American Dream offers visa residency by investmentDecember 01, 2020
  • CanAm Announces Closing of Investment in Bayonne, New Jersey Apartment ProjectNovember 23, 2020
  • Cost Of Burke Mountain, Jay Peak Receivership Approaches $8 MillionNovember 20, 2020

Follow Us

  • © 2021 EB5News.com All rights reserved.
  • Sign in
  • Sign up
  • Site Map