05-05-2016 07:21 via phys.org

Foreign investors in fizzled development at wit's end

Foreigners who had been banking on their investments in a biomedical research facility and a hotel and rental cottage project in northern Vermont to get green cards are scrambling to find a backup now that the project's developers are accused of misusing hundreds of millions of dollars of investors' money in what investigators called a "massive eight-year fraud scheme."
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