Ariel Quiros, center, leaves federal court in Burlington after being arraigned on charges pertaining to the EB-5 fraud case on May 22, 2019.
A federal judge has rejected a bid by the former owner of Jay Peak to throw out a criminal indictment accusing him of defrauding foreign investors out of millions of dollars in a failed biomedical research center project in northern Vermont.
Ariel Quiros, who was indicted in May 2019 along with his business partners, had contended in a filing submitted earlier this year that federal prosecutors had used privileged information to secure that indictment.
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