News of that massive fraud investigation involving Jay Peak, Q Burke and downtown Newport has rattled the Northeast Kingdom and supporters of the EB-5 program. They expected $350 million in investments to prop up the region, but Thursday, hopes came crashing down.
"They say the proof is in the pudding. Well, Bill, you make one heck of a pudding," Sen. Patrick Leahy, D-Vermont, said in 2012.
Now, speaking in Essex one day after a massive fraud investigation was announced, the EB-5-funded projects in the Northeast Kingdom now leave a bad taste in his mouth.
Reporter Anson Tebbetts: A lot of Vermonters feel betrayed by Mr. Stenger. Are you one of those?
Sen. Patrick Leahy: If these allegations are true, of course.
Leahy championed the EB-5 immigrant investor program.
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