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News organization, Cornell Law School & ACLU take state of Vermont to court over blocked EB-5 records

EB-5 News

Date

Nov 14th, 2020

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The organizations are filing a suit over blocked state documents relating to the Jay Peak and Northeast Kingdom EB-5 scandal that saw over 800 investors defrauded — despite state oversight, and the endorsement of former Governor Peter Shumlin. The blocked documents would uncover why the Jay Peak developers were still signing up new investors for projects despite concern about fraud arising in 2012.See the Vermont Business Magazine story

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