Jay Peak

A Utah-based resort company has completed its purchase of Jay Peak Resort, the northern Vermont ski area that was at the center of a financial scandal involving its former owner and president. Pacific Group Resorts, which owns five other ski areas, announced Tuesday that the state of Vermont had approved the assignment of leases for ski terrain, allowing the sale…

A federal judge has approved a Utah-based resort company’s $76 million bid to buy Jay Peak Resort, the Vermont ski area that was at the center of a financial scandal involving its former owner and president. Pacific Group Resorts, which owns five ski areas, last week won the auction to buy Jay Peak. A federal judge in Miami approved the bid...

The popular Jay Peak resort in Jay, Vermont may soon have a new owner, our sister station WPTZ-TV reports. The property is set to go up for auction Wednesday and at least three potential buyers are expected to bid on it. The ski area, which has been on sale for years, has received multiple deposits since an initial bid of…

A Utah-based resort company that owns several ski areas has made a bid to buy Jay Peak Resort, the Vermont ski resort that was rocked by a massive fraud case involving its former owner and president. The court appointed receiver who has been overseeing Jay Peak for more than six years is seeking court approval to sell it for $58…

The former owner of two Vermont ski resorts was sentenced Friday to five years in prison for his role in a failed plan to build a biotechnology plant using tens of millions of dollars in foreign investors’ money. The sentencing of Ariel Quiros, former owner of Jay Peak and Burke Mountain, wraps up the largest fraud case in Vermont history….

Vermont’s governor outlined a path to normalcy from the pandemic that relies on increasing levels of vaccinations and aimed at helping businesses, communities and schools. The news is being closely watched by the state’s tourism community.

A half-dozen Vermont ski resorts have opened and more are expected to this week with snow-making helping to cover particular trails and protocols to prevent the spread of the coronavirus. Jay Peak Resort opened Friday and Bromley Mountain on Sunday. Mount Snow Resort, Okemo Mountain Resort and Stowe Mountain Resort opened last week. This week, Sugarbush, Bolton Valley and Smugglers’…

The northern Vermont ski resort that was involved in the largest fraud cases in the state’s history is challenging its multimillion-dollar property tax bill. The Caledonian-Record reports attorneys for Jay Peak Resort plan to fight a decision by the town of Jay not to reduce the resort’s property tax bill by half. A hearing is scheduled on Oct. 29...

Several foreign college students will soon return to their home countries months after restrictions on international travel left them stuck in Vermont. “I’m looking forward to seeing my family, my friends,” said Maria Davila of Peru, who is about to go home for the first time in seven months. “But also to enjoy the food — that’s what I...

Because of international travel restrictions, some seasonal workers were left stuck at ski resorts in Vermont during the coronavirus pandemic. Some are still not home yet.

Some international college students are stuck in Vermont waiting to return to their home countries, which have instituted travel bans aimed at slowing the spread of infections from the new coronavirus.

Coronavirus travel restrictions have left some Americans stuck overseas, as well as foreigners stuck in the United States — including workers at Vermont ski resorts.

Expected snowfall later this week is prompting safety warnings aimed at thrill-seekers in an effort to prevent trips to the ER while hospitals prepare for the peak of coronavirus patients. Although Vermont’s Jay Peak is closed to help slow the spread of the disease, jersey barriers are now blocking entries to the main access road and key parking lots....

As hospitals treat a growing number of patients with coronavirus, Vermont officials urge skiers to avoid unnecessary risks that could land them in the ER.

Three businessmen at the center of what’s been called Vermont’s largest-ever white collar crime entered not guilty pleas Tuesday during their arraignments in federal court. The fraud charges were filed Wednesday against former Jay Peak owner Ariel Quiros, of Florida, and former president, William Stenger, of Newport. Also indicted were Quiros’ adviser, Wiliam Kelly, and Jong Weon Choi, a businessman...

The state of Vermont has released hundreds of thousands of pages of documents related to the alleged investment fraud at the Jay Peak ski resort. In 2016 federal regulators alleged that Jay Peak officials misused $200 million in foreign investor funds. Since then civil settlements have been reached with the former owner and president.

Republican Gov. Phil Scott and Democratic Attorney General T.J. Donovan will make an announcement about the state’s troubled immigrant investor program. The announcement will come Thursday in Newport, a town left with a large unfinished development after alleged fraud was uncovered in the program. The U.S. Citizenship and Immigration Services ordered that the state close its regional center following...

Two years after an investment fraud rocked the Jay Peak ski area, the resort is celebrating the opening of a new attraction as it continues to recover from the fraud.

Many Vermont communities reported close to or more than 30 inches of snow from Tuesday into Wednesday.