Jay Peak

Jay Peak Resort
Ski Vermont

Seven months after the Securities and Exchange Commission accused Jay Peak's owner and president of massive fraud, the ski resort is set to open for the season on Saturday with the federal receiver overseeing it saying there is a $6.5 million shortfall.

A federal judge has ruled that up to $1.5 million of a settlement reached with a financial firm in a fraud investigation of two Vermont ski resorts will be loaned to a federal receivership so the properties can meet payroll.

A Miami businessman is asking a federal judge to allow him to resume operating projects in Vermont that a U.S. Securities and Exchange Commission lawsuit claims are fraudulent.

Q Burke logo
Q Burke Resort

One of two businessmen accused in what the Securities and Exchange Commission calls a "massive eight-year fraud scheme" involving developments in Vermont says he's confident he'll be cleared of any wrongdoing.

Wikimedia Commons/Public Domain

A ski area in northern Vermont and several other points around the country want more officers at border crossings and customs terminals — and they're willing to pay for it.