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Articles Posted in Burke Mountain

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SEC Files Enforcement Action Against Owners of Jay Peak Ski Resort Alleging it was a Ponzi Scheme

The Securities and Exchange Commission has filed fraud charges in Federal Court in Miami, Florida against the owners and operators of Jay Peak Resort, a Vermont-based ski resort, and related businesses. The complaint alleges that millions of dollars were raised under the EB-5 Immigrant Investor Program. According to the complaint,…