Stenger settles with SEC

(Source: VTDigger.org) Bill Stenger, the CEO and president of Jay Peak Resort, has partially settled with the Securities and Exchange Commission.The SEC alleged in April that Stenger made material misrepresentations to defraud 700 immigrant investors from 74 countries in an effort to allegedly aid and abet his business partner, Ariel Quiros, in a “Ponzi-like” scheme.       Read full article here.