Ariel Quiros listens to remarks during the groundbreaking at the proposed AnC Vermont facility in Newport in May 2015. The plant was never built and prosecutors claimed he simply used the immigrant investor proceeds earmarked for the facility for personal gain. 

After a one-week delay, the chief organizer of a multi-million dollar fraud involving federal EB-5 investment projects in the Northeast Kingdom entered guilty pleas in federal court in Burlington to three felonies on Friday.

Source:https://www.vermontbiz.com/news/2020/august/14/quiros-pleads-guilty-jay-peak-eb-5-related-fraud-faces-8-years

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