EB-5 foreign investor money was misspent, investors were misled by Stenger and Quiros, says SEC. Assets frozen. Court places Vermont resorts in receivership.
The beauty of the EB-5 Immigrant Investor Program, Jay Peak co-owner Bill Stenger told SKI Magazine last year, was that it provided him with “patient capital,” the kind he and partner Ariel Quiros weren’t required to pay back on a set timeline as they went about developing Jay and Q Burke resorts in Vermont.
Love writing—and skiing? We've got an internship for you.
Editorial Internship If you're a motivated and self-directed college or grad-school student, we want you to join our editorial team in Boulder, Colo. Our 10- to 15-week internships offer upcoming reporters and editors a glimpse into the inner workings of two of the best ski publications in the country: Skiing magazine and Ski magazine. You give us hard work, and we'll make you an integral part of a close-knit family.
Being the widow of a skiing legend isn’t easy. Emily Coombs is making it work.
Ten years ago this spring, Doug Coombs, one of American skiing’s most admired figures, died in a fall in one of the countless steep chutes at La Grave, France, the wild ski area where he lived with his wife, Emily, and their two-year-old son, David. Coombs, along with Chad VanderHam, died while working as mountain guides, the career Coombs had carved out after a career in ski films and extreme skiing competitions.
Drones are coming to resorts, which want them for everything from vanity videos to rescue efforts. But don’t expect to fly your own drone on the hill soon.
Bruce McTavish Glimpsed the dawning of skiing’s drone era last season at Canada’s Big White resort. The 60-year-old Seattleite paid a new drone-video service to film himself and his fiancée skiing a run together. “It was a lot of fun,” McTavish says. “I’d always wanted to see what I look like skiing from above.”