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Governor Phil Scott Releases Administration's Review on the EB-5 Investor Program, Future of the Vermont Regional Center
August 21, 2017
MONTPELIER, Vt., Aug. 21 -- Gov. Phil Scott, R-Vt., issued the following news release:

Following the court's approval of a settlement with Raymond James Financial to reimburse Jay Peak and Burke Mountain creditors, Governor Phil Scott, on July 5, directed the Vermont Department of Financial Regulation (DFR) to conduct a programmatic review of the operations of the Vermont EB-5 Regional Center (VRC).

The review focused on assessing the lessons learned from the alleged fr . . .

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