The Miami businessman linked to a massive Ponzi-like scheme in the Northeast Kingdom wants the feds to unfreeze his assets. Wednesday, Ariel Quiros' lawyers said the SEC's order to freeze his assets is overbearing and deprives him of any ability to feed his family or defend himself legally.
The SEC is alleging a massive Kingdom con-- both the misuse of $200 million from investors and that Quiros took $50 million for himself.
But who is Quiros? And how did he get involved with Jay Peak? It turns out he explained the whole thing to the feds two years ago.
He's the mystery man behind Jay Peak. He owns the ski resort Q Burke, Q Vision, Q Farm, Q Resort, Q Development and the list goes on.
"I'm an international trader," Ariel Quiros told WCAX News in June 2014. "I trade products from Asia to the United States and vice versa."
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