Quiros Pleads Guilty in Massive EB-5 Fraud
by
Colin Flanders
Posted on
August 14, 2020 at 2:03PM
Quiros, who spoke little during the hearing beyond answering procedural questions and entering his plea, has agreed to cooperate with prosecutors against two of his former business associates: Bill Stenger, Jay Peak’s former president and CEO, and William Kelly, of North East Contract Services. In exchange for his cooperation, prosecutors dropped nine other pending charges and agreed not to seek forfeitures in the event the court seeks restitution for his crimes.