KillingtonZone.com

Bubba wrote:

hillbangin wrote:

ski wrote:zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Who gives a f***?

Thanks for posting these Bubba -

Waiting for the digger to connect this to Leahy or Sanders.........

I think the most likely connection to Leahy and Sanders, as well as the Shumlin administration, is willful ignorance. I suspect the program was creating growth and jobs in the long depressed Northeast Kingdom and nobody wanted to rock the boat so they never asked the questions that were needed to be asked.

Willfull ignorance is great word smithing.... EB-5 by its nature is pretty dirty - cash for citizenship - you're asking for trouble. Those crooks knew not to ask.




Here’s how EB-5 scams usually go down:
The con men usually promise some new development or large investment project to a community in a targeted economic area. These are, ostensibly, poor, rural zones with high unemployment, but have typically been gerrymandered to include affluent urban areas as well.
While the townspeople are preparing for the influx of capital by making investments in their own businesses, the scammers start soliciting funds from wealthy foreigners by dangling the promise of a guaranteed green card.
As the money rolls in, the scammers line their pockets with investment cash. Meanwhile, vendors don’t get paid, buildings never get built, projects fall apart, people lose their money, and communities end up with only long, drawn-out court investigations to show for it.
This is exactly the sort of thing that happened in Newport, Vt., Port St. Lucie, Fla., and dozens of other cities and towns across the United States (The Center for Immigration Studies maintains a map that outlines dozens of federal, state, local, and civil cases involving EB-5 visa scandals that have rocked towns across the country.)
The lack of oversight of the EB-5 program is not only a fertile breeding ground for all kinds of fraud, it is much more than wasted taxpayer dollars — it also creates potential problems for America’s national security.
“Between ISIS creating the worst refugee crisis since World War II and cyber threats from Russia and China, there’s plenty of justified homeland insecurity,” says Malkin in the episode. “So when we have a government-sponsored money-for-visa strategy without basic oversight that could facilitate terrorist travel, narcotics trafficking, money laundering, or espionage, it’s easy to see why some view the program as a threat to the safety of Americans.”
Some politicians have sounded the alarm about the program’s glaring pitfalls, seeking to investigate and reform it. A March 2016 story at The New York Times highlighted efforts by a bipartisan group of senators to tackle the problems resulting from the federal scheme.
“It’s no secret that the program has long been riddled with corruption and national security vulnerabilities,” Senator Chuck Grassley, R-Iowa (D, 66%) told the Times.
“I don’t believe that America should be selling visas and eventually citizenship,” Senator Dianne Feinstein, D-Calif. (F, 0%) added. “The right to immigrate should not be for sale.”
Other critics see that the only real fix to the troubled EB-5 program is to completely get rid of it, as Canada has already done.
“Once you engage in green-card social engineering, where you go and you take a scarce commodity of citizenship, and you don't make it about a broad American policy … you make it about benefiting special interests,” Conservative Review’s Daniel Horowitz explains to MMI. “Sure you could try to regulate it, but that in itself breeds corruption.”

hillbangin wrote:

Bubba wrote:

hillbangin wrote:

ski wrote:zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Who gives a f***?

Thanks for posting these Bubba -

Waiting for the digger to connect this to Leahy or Sanders.........

I think the most likely connection to Leahy and Sanders, as well as the Shumlin administration, is willful ignorance. I suspect the program was creating growth and jobs in the long depressed Northeast Kingdom and nobody wanted to rock the boat so they never asked the questions that were needed to be asked.

Willfull ignorance is great word smithing.... EB-5 by its nature is pretty dirty - cash for citizenship - you're asking for trouble. Those crooks knew not to ask.




Here’s how EB-5 scams usually go down:
The con men usually promise some new development or large investment project to a community in a targeted economic area. These are, ostensibly, poor, rural zones with high unemployment, but have typically been gerrymandered to include affluent urban areas as well.
While the townspeople are preparing for the influx of capital by making investments in their own businesses, the scammers start soliciting funds from wealthy foreigners by dangling the promise of a guaranteed green card.
As the money rolls in, the scammers line their pockets with investment cash. Meanwhile, vendors don’t get paid, buildings never get built, projects fall apart, people lose their money, and communities end up with only long, drawn-out court investigations to show for it.
This is exactly the sort of thing that happened in Newport, Vt., Port St. Lucie, Fla., and dozens of other cities and towns across the United States (The Center for Immigration Studies maintains a map that outlines dozens of federal, state, local, and civil cases involving EB-5 visa scandals that have rocked towns across the country.)
The lack of oversight of the EB-5 program is not only a fertile breeding ground for all kinds of fraud, it is much more than wasted taxpayer dollars — it also creates potential problems for America’s national security.
“Between ISIS creating the worst refugee crisis since World War II and cyber threats from Russia and China, there’s plenty of justified homeland insecurity,” says Malkin in the episode. “So when we have a government-sponsored money-for-visa strategy without basic oversight that could facilitate terrorist travel, narcotics trafficking, money laundering, or espionage, it’s easy to see why some view the program as a threat to the safety of Americans.”
Some politicians have sounded the alarm about the program’s glaring pitfalls, seeking to investigate and reform it. A March 2016 story at The New York Times highlighted efforts by a bipartisan group of senators to tackle the problems resulting from the federal scheme.
“It’s no secret that the program has long been riddled with corruption and national security vulnerabilities,” Senator Chuck Grassley, R-Iowa (D, 66%) told the Times.
“I don’t believe that America should be selling visas and eventually citizenship,” Senator Dianne Feinstein, D-Calif. (F, 0%) added. “The right to immigrate should not be for sale.”
Other critics see that the only real fix to the troubled EB-5 program is to completely get rid of it, as Canada has already done.
“Once you engage in green-card social engineering, where you go and you take a scarce commodity of citizenship, and you don't make it about a broad American policy … you make it about benefiting special interests,” Conservative Review’s Daniel Horowitz explains to MMI. “Sure you could try to regulate it, but that in itself breeds corruption.”

You realize, of course, that Leahy has been among the group of Senators saying "fix it or kill it" about EB-5?

Bubba wrote:

hillbangin wrote:

Bubba wrote:

hillbangin wrote:

ski wrote:zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Who gives a f***?

Thanks for posting these Bubba -

Waiting for the digger to connect this to Leahy or Sanders.........

I think the most likely connection to Leahy and Sanders, as well as the Shumlin administration, is willful ignorance. I suspect the program was creating growth and jobs in the long depressed Northeast Kingdom and nobody wanted to rock the boat so they never asked the questions that were needed to be asked.

Willfull ignorance is great word smithing.... EB-5 by its nature is pretty dirty - cash for citizenship - you're asking for trouble. Those crooks knew not to ask.




Here’s how EB-5 scams usually go down:
The con men usually promise some new development or large investment project to a community in a targeted economic area. These are, ostensibly, poor, rural zones with high unemployment, but have typically been gerrymandered to include affluent urban areas as well.
While the townspeople are preparing for the influx of capital by making investments in their own businesses, the scammers start soliciting funds from wealthy foreigners by dangling the promise of a guaranteed green card.
As the money rolls in, the scammers line their pockets with investment cash. Meanwhile, vendors don’t get paid, buildings never get built, projects fall apart, people lose their money, and communities end up with only long, drawn-out court investigations to show for it.
This is exactly the sort of thing that happened in Newport, Vt., Port St. Lucie, Fla., and dozens of other cities and towns across the United States (The Center for Immigration Studies maintains a map that outlines dozens of federal, state, local, and civil cases involving EB-5 visa scandals that have rocked towns across the country.)
The lack of oversight of the EB-5 program is not only a fertile breeding ground for all kinds of fraud, it is much more than wasted taxpayer dollars — it also creates potential problems for America’s national security.
“Between ISIS creating the worst refugee crisis since World War II and cyber threats from Russia and China, there’s plenty of justified homeland insecurity,” says Malkin in the episode. “So when we have a government-sponsored money-for-visa strategy without basic oversight that could facilitate terrorist travel, narcotics trafficking, money laundering, or espionage, it’s easy to see why some view the program as a threat to the safety of Americans.”
Some politicians have sounded the alarm about the program’s glaring pitfalls, seeking to investigate and reform it. A March 2016 story at The New York Times highlighted efforts by a bipartisan group of senators to tackle the problems resulting from the federal scheme.
“It’s no secret that the program has long been riddled with corruption and national security vulnerabilities,” Senator Chuck Grassley, R-Iowa (D, 66%) told the Times.
“I don’t believe that America should be selling visas and eventually citizenship,” Senator Dianne Feinstein, D-Calif. (F, 0%) added. “The right to immigrate should not be for sale.”
Other critics see that the only real fix to the troubled EB-5 program is to completely get rid of it, as Canada has already done.
“Once you engage in green-card social engineering, where you go and you take a scarce commodity of citizenship, and you don't make it about a broad American policy … you make it about benefiting special interests,” Conservative Review’s Daniel Horowitz explains to MMI. “Sure you could try to regulate it, but that in itself breeds corruption.”

You realize, of course, that Leahy has been among the group of Senators saying "fix it or kill it" about EB-5?

I think he's playing House of Cards - he didn't get in the way of what was going on in his state. I kind of get the hotel thing maybe - but a Bio Tech center in Newport, VT?????????????? Nothing could clean up that stench.

I should've been a lawyer...

Judge accepts plan to pay Jay Peak receiver’s $1.35 million bill

Jul. 17, 2017, by Alan J. Keays

https://vtdigger.org/2017/07/17/judge-a ... -286323177" onclick="window.open(this.href);return false;

Judge quashes whistleblower deposition in EB-5 investor case against state
By Anne Galloway
Aug 6 2017


https://vtdigger.org/2017/08/06/judge-q ... -286323177" onclick="window.open(this.href);return false;

Feds want to shut down Vermont EB-5 program.


http://vermontbiz.com/news/2017/august/ ... -286323177" onclick="window.open(this.href);return false;

Bubba wrote:Feds want to shut down Vermont EB-5 program.


http://vermontbiz.com/news/2017/august/ ... -286323177" onclick="window.open(this.href);return false;

And yet there is still no announcement of either a criminal investigation or indictments.

SnoBrdr wrote:

Bubba wrote:Feds want to shut down Vermont EB-5 program.

http://vermontbiz.com/news/2017/august/ ... -286323177" onclick="window.open(this.href);return false;

And yet there is still no announcement of either a criminal investigation or indictments.

Too may of our career elected officials bought into the program. They have little desire to further embarrass themselves.

What the hell's taking so long? I'd think the Feds could have gone to trial a month after the first news conference and put the main culprits away with the spaghetti diagram. Meanwhile one guys working at the mountain and the other soaking up the sun in FL. The whole thing is a racket on both sides of the system.

Quiros drops all objection to SEC charges, fines and penalties to be determined. State of VT charges and Criminal investigation by the Burlington US attorney is still pending.

https://vtdigger.org/2017/08/22/quiros- ... ZyTjE3Xt1s" onclick="window.open(this.href);return false;

Feds say inadequate state oversight to blame for EB-5 fraud.

http://digital.vpr.net/post/feds-say-in ... 7#stream/0" onclick="window.open(this.href);return false;

Jay Peak investor sues immigration attorney.

https://vtdigger.org/2017/09/07/jay-pea ... bHIo0EpCaM" onclick="window.open(this.href);return false;

State of Vermont responds to, takes issue with, closing of EB-5 center

Fri, 09/15/2017

http://vermontbiz.com/news/2017/septemb ... -286323177" onclick="window.open(this.href);return false;

SOUTH BURLINGTON, Vt. (WCAX)

Gov. Phil Scott says he has not ruled out the idea of appointing a special prosecutor to investigate state government's role in the alleged Kingdom Con EB-5 fraud.

Speaking Wedesday, the governor said he was uncomfortable with the state's immunity argument in a lawsuit filed by investors against the state. In that lawsuit, investors say the state-run Vermont Regional Center and those who ran it were grossly negligent by enabling the ponzi scheme to take place.

Scott says the state's argument of immunity doesn't inspire faith or trust in government.

Federal immigration officials have said they would like to shut down the Vermont Regional Center, the only state-run EB-5 center in the country. Scott administration officials have argued for a winding down of the program, which still has several development projects in the works.