Jay Peak bombshell

[thetrailboss]

William Kelly, who prosecutors say tried to 'outwit' regulators, gets 18 months in prison in EB-5 fraud case - VTDigger

Kelly is the second of three defendants to be sentenced in the case. Bill Stenger, Jay Peak’s former president, received an 18-month prison sentence last week. Ariel Quiros, Jay Peak’s former owner, is set for sentencing next week.

vtdigger.org

I don't think 18 months is enough for the guy who was Q's right-hand man.

 

[ThatGuy]

They did that when I was at Jay with @MidnightJester
Had it on wind hold half the day and the wind was barely blowing

 

[ThatGuy]

Thats why I went Killi today more redundancy

 

[jimmywilson69]

Go and ask for your money back. if they say no demand to talk to Steve Wright.

 

[VTKilarney]

I don't think 18 months is enough for the guy who was Q's right-hand man.

Agree 100%.

 

[SenorQuesadilla]

Some great woods riding if you go under the rope at top right of metro and traverse past two trails and bang a right at Bushwhacker. Had my day saved finding those and heard the same from a few groups I showed.

 

[Kingslug20]

Not a bad day for what's open...loooooooow angle pow..

 

[snoseek]

I got credit, they did me right. Can't win them all. Got a few runs.

 

[ThatGuy]

Glad I didn’t make the 7hr round trip drive up there today. Almost did, had an alarm at 4am but slept in.

 

[VTKilarney]

According to WCAX there is also $8.3 million in restitution.

2nd Kingdom Con player sentenced

A federal judge sentenced William Kelly for his role in the scheme to defraud foreign investors in a phony Biotech firm in Newport.

www.wcax.com

 

[Kingslug20]

Found the goods in the woods..got a full day in..Got my 50 bucks worth..

 

[MidnightJester]

So I got bit by the 15" fresh snow shark in search of fresh powder at Jay and drove from Long Island, NY almost 6 1/2 hours one way 400 miles 2am till 815am and got to Jay peak and was all smiles till the wind holds were first listed to last till 12P. Took a nap till 10:45am and woke up to upper mountain lifts closed for the day Grrrrrrrr. Glad I didint use my Ski VT pass right away at JAY for lower runs. I made a emergency 1-1/2 hour trip to SugarBush and the 5" they got over 48hrs and rode from 1pm till 5pm and got in 14 runs more mountains should have later closing times in spring maybe winter too if the Daylight saving stays spring sprung ahead

Cant say what was happening with the wind at the top but it seemed like a LACK of serious wind everywhere else on the mountain and outside the mountain.

 

[Kingslug20]

Contemplated bailing and going to SB...but it was fun to rip around on cold snow April 20..

 

[thetrailboss]

Mike Pieciak, financial regulation chief and key figure in Vermont’s Covid response, to resign

During his eight years in the Department of Financial Regulation, Pieciak helped recoup millions for the state and began investigations into the EB-5 fraud at Jay Peak.

vtdigger.org

 

[drjeff]

Q gets 5 years!

Kingdom Con kingpin sentenced to 5 years prison

Ariel Quiros, the Florida businessman prosecutors say was the mastermind behind the largest fraud case in Vermont history, was sentenced in federal court in Burlington Friday to serve five years in prison.

www.wcax.com

 

[KustyTheKlown]

wow, nice, that fuck

 

[thetrailboss]

Q gets 5 years!

Kingdom Con kingpin sentenced to 5 years prison

Ariel Quiros, the Florida businessman prosecutors say was the mastermind behind the largest fraud case in Vermont history, was sentenced in federal court in Burlington Friday to serve five years in prison.

www.wcax.com

What the actual fuck?

 

[djd66]

What the actual fuck?

do you think that's too harsh?

 

[jaytrem]

do you think that's too harsh?

I would guess the opposite.

Looks like 8 would have been the max, so not surprised with 5.

 

[thetrailboss]

do you think that's too harsh?

Hell no. Should have been 8 years. The LARGEST fraud in Vermont history. He has no remorse. He was a fraud from Day 1. He lied and used inappropriate funds to buy Jay. He hurt my former neighbors. It just shows that a fraudster can come to Vermont, complete pull the wool over the eyes of state regulators, make himself rich and get a slap on the wrist.