Republican Scott Milne is ramping up his criticism of Democratic U.S. Sen. Patrick Leahy as he weighs a challenge to the Senate’s longest-serving member.
Milne, 57, who narrowly lost the 2014 gubernatorial election to Democratic Gov. Peter Shumlin, has been publicly mulling a run against Leahy for some time. But now the North Pomfret resident is using civil fraud charges against two Northeast Kingdom developers as ammunition against the 76-year-old Leahy, who has championed the EB-5 Immigrant Investor Program that the accused allegedly used to defraud foreign investors.
Calling himself a “potential U.S. Senate candidate,” Milne called on Leahy in a statement last week to release communications to and from Leahy’s office related to the EB-5 program and the projects undertaken by Bill Stenger and Ariel Quiros. The duo are accused by the federal Securities and Exchange Commission and the state of misusing about $200 million of the $350 million they raised from foreign investors in $500,000 increments for development projects at Jay Peak, Q Burke Mountain, and in the town of Newport. Quiros is also accused of using $50 million of investor money for his own personal gain.
Milne criticized Shumlin and Leahy for their oversight of the EB-5 program and for traveling overseas to promote the program with potential investors.
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