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The EB-5 Scandal One Year On

Tony Sutton, an EB-5 investor, is suing the State of Vermont for being complicit in multi-million-dollar fraud allegedly perpetrated by those in charge of Jay Peak.
Lisa Rathke
/
AP
A year ago this week, the EB-5 scandal erupted in the Northeast Kingdom. We're talking about the latest developments.

A year ago this week, a wide-reaching scandal was revealed in the Northeast Kingdom surrounding the federal EB-5 program. That damage from the alleged fraud is still unfolding, and new developments continue to surface, including a new lawsuit filed against Jay Peak's former parent company.

We're checking in on the latest, and looking ahead to what's next for the affected areas.

Related stories:

We're joined by investigative reporter Hilary Niles, who has been covering the EB-5 story. Also by Michael Pieciak, commissioner of the Vermont Department of Financial Regulation. And by David White, president of White and Burke, a commercial real estate brokerage, development, and consulting firm.

Broadcast live on Tuesday, April 11, 2017 at noon; rebroadcast at 7 p.m.