UPDATED: Jay Peak investor sues state
Department of Financial Regulation Commissioner Michael Pieciak. File photo by Elizabeth Hewitt/VTDigger
Editor’s note: A write through of story was posted at 8:10 a.m. June 15.A Jay Peak investor is suing the state over allegations that officials covered up a $200 million Ponzi-like scheme in which more than 800 EB-5 immigrant investors were defrauded.
In the civil complaint, Tony Sutton, an investor from London, charges that three state entities and 10 current and former state officials
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