Ariel Quiros (L) and William Stenger at a 2012 news conference (Robin Smith/Caledonian-Record via AP Images, File)
Biotech fraud in ski town saga winds down as ex-president sentenced to 18 months in prison
The former president of the Jay Peak resort, a ski resort in northern Vermont and only a stone’s throw away from the Canadian border, has been sentenced 8 months after pleading guilty.
Bill Stenger, who had been president of the resort for more than 3 decades, was prosecuted over the last two years for his role in conning investors out of millions based on fake plans for a massive biomedical facility in Newport, VT, about 20 miles from the famous ski resort.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.
