Foreign investors in fizzled development at wit's end
Thursday, May 5, 2016 - 00:30
in Mathematics & Economics
Foreigners who had been banking on their investments in a biomedical research facility and a hotel and rental cottage project in northern Vermont to get green cards are scrambling to find a backup now that the project's developers are accused of misusing hundreds of millions of dollars of investors' money in what investigators called a "massive eight-year fraud scheme."