Ariel Quiros’s lawyer, who last week filed a memorandum seeking for him to regain control over his businesses in the Northeast Kingdom, was not the same attorney representing him for a show cause hearing in U.S. District Court in Miami on Monday and yesterday.
Charles Lichtman, who on Thursday filed a memorandum seeking to have Quiros restored to control of his Northeast Kingdom Economic Development Initiative projects, said in an email he is no longer involved in the case.
Lichtman’s name has appeared on the filings in Quiros’s defense since he was first accused by the U.S. Securities Exchange Commission of an alleged scheme to defraud investors.
Quiros is accused of masterminding a fraudulent scheme which state and federal officials say dates to 2008 when he bought Jay Peak. He and his business partner, Bill Stenger, stand accused of misappropriating more than $200 million of investor funds in the EB-5 immigrant investor program, and Quiros alone is also accused of pocketing another $50 million.
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