The federal government has upheld an earlier decision to close the Vermont Regional Center, citing the allegations of “massive” fraud at the Jay Peak ski resort and a lack of evidence that the state’s immigrant investor program promotes economic growth.
The United States Citizenship and Immigration Services dismissed the state’s appeal in a letter received by the state on Tuesday.
The record shows “numerous and significant negative factors demonstrating the limitations on its (the center’s) ability to continue to promote economic growth,” the citizenship agency wrote in its decision.
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