Vermont financial regulators say they have reached a nearly $6 million settlement with a financial firm related to a fraud investigation of real estate developments at two northern Vermont ski resorts.

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Q Burke Resort

Vermont regulators have frozen the escrow account for the Q Burke Hotel project, citing millions of dollars in unaccounted funds.

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Vermont Governor Peter Shumlin, the state commerce secretary and a Northeast Kingdom developer will travel to China next month to recruit investors in the EB5 economic development program.