Ariel Quiros Sr. was called before an enforcement division of the U.S. Securities Exchange Commission on May 22, 2014, the day after his business partner in the Jay Peak and Q Burke resorts, Bill Stenger, spent a full day being interrogated.
Quiros, like Stenger, was brought back before a team of SEC investigators in Miami as part of the deposition taken from him, in September 2015.
The two days of hearings with SEC investigators resulted in 485 pages of transcripts, documents show.
State officials announced just days ago that Q Burke and Jay Peak partners Ariel Quiros Sr. and Bill Stenger have been running a “fraudulent scheme” using foreign investment money under the EB-5 program.
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