¿ªÔÆÌåÓý

Michael Goldberg, the court-appointed receiver overseeing Burke Mountain Resort, wrote in a recent court filing he’s found a party to serve as an initial bidder on the property and that he hopes to complete the sale later this year.

An unnamed buyer has submitted a bid for a Northeast Kingdom ski resort caught up in the EB-5 scandal, according to recent court filings.

This hour, host Mikaela Lefrak talks with VPR reporter Liam Elder-Connors about his exclusive interview with Bill Stenger before Stenger goes to prison on a federal charge related to the EB-5 fraud.

In a few days, Bill Stenger, 73, will report to a federal prison in Massachusetts. There he’ll serve an 18-month sentence after pleading guilty to a felony charge for his role in the Northeast Kingdom EB-5 scandal. It was the largest financial fraud in Vermont’s history.VPR's Liam Elder-Connors spoke with Stenger in an exclusive interview.

While the sentencing of the central figures in the EB-5 scandal marks the end of a chapter, the men leave behind a legacy of EB-5 projects � both finished and unfinished � in the Northeast Kingdom. Residents of the region have mixed feelings about the men, and the projects they left behind.

Bill Stenger, one of the architects of the Northeast Kingdom EB-5 investment scandal, was sentenced to 18 months in prison on Thursday following a day-long sentencing hearing. He also faces three years of supervised release and must pay $250,000 in restitution.

It was a story of massive fraud involving foreign investor money that was supposed to go into hotels, biotech facilities, and other developments across the Northeast Kingdom. Now new reporting from VTDigger claims state officials knew that fraud was afoot, but did nothing to stop it.

Bill Stenger, a prominent developer in the Northeast Kingdom and former president of Jay Peak ski resort, pleaded guilty in federal court Friday for his role in one the largest fraud cases in Vermont.

Until Thursday, Jay Peak’s website still included a web page soliciting investments in Jay Peak’s EB-5-funded projects. The page was removed Thursday�

Earlier this summer VPR reported that state officials received documentation of alleged fraud at Jay Peak Resort in 2014, a year and a half before filing�