The former owner of Vermont’s Jay Peak resort is fighting claims from a court-appointed receiver that it should pay millions in damages as part of a settlement. The Caledonian-Record reports Canadian Saint-Sauveur Valley Resorts, Inc. says the federal receiver in …
A judge has approved freezing the remaining assets of a former Vermont ski resort owner who is being investigated on suspicion of investment fraud. Michael Pieciak, commissioner of the state Division of Financial Regulation, tells the Caledonian Record the judge …
A Miami businessman accused of massive fraud involving foreign investors’ money in a Vermont ski area has agreed to pay back more than $81 million and give up ownership of two ski resorts, the Securities and Exchange Commission said Friday. …
A Vermont ski resort owner is suing his insurer in federal court for more than $2 million to fund his legal defense against fraud accusations brought by the Securities and Exchange Commission. Jay Peak owner Ariel Quiros and former president …
