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Burke Mountain Ski Resort: History, Operations, and Financial Challenges

At a Glance

Title: Burke Mountain Ski Resort: History, Operations, and Financial Challenges

Total Categories: 5

Category Stats

  • Burke Mountain Ski Resort: Geography and Physical Characteristics: 16 flashcards, 24 questions
  • Burke Mountain Ski Resort: Infrastructure and Amenities: 11 flashcards, 14 questions
  • Burke Mountain Ski Resort: Ownership and Management History: 7 flashcards, 11 questions
  • EB-5 Investment Scheme: Fraud and Legal Ramifications: 14 flashcards, 17 questions
  • Burke Mountain Academy: 1 flashcards, 2 questions

Total Stats

  • Total Flashcards: 49
  • True/False Questions: 40
  • Multiple Choice Questions: 28
  • Total Questions: 68

Instructions

Click the button to expand the instructions for how to use the Wiki2Web Teacher studio in order to print, edit, and export data about Burke Mountain Ski Resort: History, Operations, and Financial Challenges

Welcome to Your Curriculum Command Center

This guide will turn you into a Wiki2web Studio power user. Let's unlock the features designed to give you back your weekends.

The Core Concept: What is a "Kit"?

Think of a Kit as your all-in-one digital lesson plan. It's a single, portable file that contains every piece of content for a topic: your subject categories, a central image, all your flashcards, and all your questions. The true power of the Studio is speed—once a kit is made (or you import one), you are just minutes away from printing an entire set of coursework.

Getting Started is Simple:

  • Create New Kit: Start with a clean slate. Perfect for a brand-new lesson idea.
  • Import & Edit Existing Kit: Load a .json kit file from your computer to continue your work or to modify a kit created by a colleague.
  • Restore Session: The Studio automatically saves your progress in your browser. If you get interrupted, you can restore your unsaved work with one click.

Step 1: Laying the Foundation (The Authoring Tools)

This is where you build the core knowledge of your Kit. Use the left-side navigation panel to switch between these powerful authoring modules.

⚙️ Kit Manager: Your Kit's Identity

This is the high-level control panel for your project.

  • Kit Name: Give your Kit a clear title. This will appear on all your printed materials.
  • Master Image: Upload a custom cover image for your Kit. This is essential for giving your content a professional visual identity, and it's used as the main graphic when you export your Kit as an interactive game.
  • Topics: Create the structure for your lesson. Add topics like "Chapter 1," "Vocabulary," or "Key Formulas." All flashcards and questions will be organized under these topics.

🃏 Flashcard Author: Building the Knowledge Blocks

Flashcards are the fundamental concepts of your Kit. Create them here to define terms, list facts, or pose simple questions.

  • Click "➕ Add New Flashcard" to open the editor.
  • Fill in the term/question and the definition/answer.
  • Assign the flashcard to one of your pre-defined topics.
  • To edit or remove a flashcard, simply use the ✏️ (Edit) or ❌ (Delete) icons next to any entry in the list.

✍️ Question Author: Assessing Understanding

Create a bank of questions to test knowledge. These questions are the engine for your worksheets and exams.

  • Click "➕ Add New Question".
  • Choose a Type: True/False for quick checks or Multiple Choice for more complex assessments.
  • To edit an existing question, click the ✏️ icon. You can change the question text, options, correct answer, and explanation at any time.
  • The Explanation field is a powerful tool: the text you enter here will automatically appear on the teacher's answer key and on the Smart Study Guide, providing instant feedback.

🔗 Intelligent Mapper: The Smart Connection

This is the secret sauce of the Studio. The Mapper transforms your content from a simple list into an interconnected web of knowledge, automating the creation of amazing study guides.

  • Step 1: Select a question from the list on the left.
  • Step 2: In the right panel, click on every flashcard that contains a concept required to answer that question. They will turn green, indicating a successful link.
  • The Payoff: When you generate a Smart Study Guide, these linked flashcards will automatically appear under each question as "Related Concepts."

Step 2: The Magic (The Generator Suite)

You've built your content. Now, with a few clicks, turn it into a full suite of professional, ready-to-use materials. What used to take hours of formatting and copying-and-pasting can now be done in seconds.

🎓 Smart Study Guide Maker

Instantly create the ultimate review document. It combines your questions, the correct answers, your detailed explanations, and all the "Related Concepts" you linked in the Mapper into one cohesive, printable guide.

📝 Worksheet & 📄 Exam Builder

Generate unique assessments every time. The questions and multiple-choice options are randomized automatically. Simply select your topics, choose how many questions you need, and generate:

  • A Student Version, clean and ready for quizzing.
  • A Teacher Version, complete with a detailed answer key and the explanations you wrote.

🖨️ Flashcard Printer

Forget wrestling with table layouts in a word processor. Select a topic, choose a cards-per-page layout, and instantly generate perfectly formatted, print-ready flashcard sheets.

Step 3: Saving and Collaborating

  • 💾 Export & Save Kit: This is your primary save function. It downloads the entire Kit (content, images, and all) to your computer as a single .json file. Use this to create permanent backups and share your work with others.
  • ➕ Import & Merge Kit: Combine your work. You can merge a colleague's Kit into your own or combine two of your lessons into a larger review Kit.

You're now ready to reclaim your time.

You're not just a teacher; you're a curriculum designer, and this is your Studio.

This page is an interactive visualization based on the Wikipedia article "Burke Mountain Ski Area" (opens in new tab) and its cited references.

Text content is available under the Creative Commons Attribution-ShareAlike 4.0 License (opens in new tab). Additional terms may apply.

Disclaimer: This website is for informational purposes only and does not constitute any kind of advice. The information is not a substitute for consulting official sources or records or seeking advice from qualified professionals.


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Study Guide: Burke Mountain Ski Resort: History, Operations, and Financial Challenges

Study Guide: Burke Mountain Ski Resort: History, Operations, and Financial Challenges

Burke Mountain Ski Resort: Geography and Physical Characteristics

Burke Mountain Ski Resort is located in the southern region of Vermont.

Answer: False

The resort is situated in the Northeast Kingdom region of Vermont, not the southern part.

Related Concepts:

  • What is Burke Mountain Ski Resort and where is it located?: Burke Mountain Ski Resort is a mid-size ski resort situated in northeast Vermont, specifically within the region known as Vermont's "Northeast Kingdom." It is located on Burke Mountain itself.

Burke Mountain's skiable terrain is divided into eastern and western sections.

Answer: False

The terrain at Burke Mountain is primarily divided into lower and upper sections, not eastern and western.

Related Concepts:

  • How is the skiable terrain at Burke Mountain divided?: The terrain at Burke Mountain is divided into two primary sections: a lower section and an upper section. Both of these areas are accessible via the resort's lift system.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.
  • What is the total skiable area at Burke Mountain in hectares?: The skiable area at Burke Mountain totals 110 hectares.

The vertical drop at Burke Mountain Ski Resort is 2,057 feet.

Answer: True

The vertical drop at Burke Mountain Ski Resort is indeed 2,057 feet (627 meters).

Related Concepts:

  • What is the vertical drop at Burke Mountain Ski Resort?: The vertical drop at Burke Mountain Ski Resort is 2,057 feet (627 meters).
  • What is the difference between the top and base elevations at Burke Mountain?: The top elevation of Burke Mountain is 3,267 feet, while the base elevation is 1,210 feet, resulting in a vertical drop of 2,057 feet.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

The summit elevation of Burke Mountain is 1,210 feet above sea level.

Answer: False

The summit elevation of Burke Mountain is 3,267 feet above sea level; 1,210 feet is the base elevation.

Related Concepts:

  • What is the summit elevation of Burke Mountain?: The top elevation of Burke Mountain reaches 3,267 feet (996 meters) above sea level.
  • What is the difference between the top and base elevations at Burke Mountain?: The top elevation of Burke Mountain is 3,267 feet, while the base elevation is 1,210 feet, resulting in a vertical drop of 2,057 feet.
  • What is the average annual snowfall at Burke Mountain?: Burke Mountain receives an average annual snowfall of 217 inches, which is equivalent to 550 centimeters.

Burke Mountain has a base elevation of 370 meters.

Answer: True

The base elevation of Burke Mountain is 1,210 feet, which is equivalent to 370 meters.

Related Concepts:

  • What is the summit elevation of Burke Mountain?: The top elevation of Burke Mountain reaches 3,267 feet (996 meters) above sea level.
  • What is the difference between the top and base elevations at Burke Mountain?: The top elevation of Burke Mountain is 3,267 feet, while the base elevation is 1,210 feet, resulting in a vertical drop of 2,057 feet.
  • What is the average annual snowfall measured in centimeters at Burke Mountain?: Burke Mountain receives an average annual snowfall of 550 centimeters.

The skiable area at Burke Mountain covers 110 acres.

Answer: False

The skiable area at Burke Mountain encompasses 260 acres, which is equivalent to 110 hectares.

Related Concepts:

  • What is the total skiable area at Burke Mountain in hectares?: The skiable area at Burke Mountain totals 110 hectares.
  • How much area is designated as skiable at Burke Mountain?: The skiable area at Burke Mountain encompasses 260 acres, which is equivalent to 110 hectares.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

Burke Mountain offers a total of 55 trails for skiing and snowboarding.

Answer: True

Burke Mountain provides a total of 55 designated trails for skiing and snowboarding.

Related Concepts:

  • How many trails are available for skiing and snowboarding at Burke Mountain?: Burke Mountain offers a total of 55 trails for skiers and snowboarders.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.
  • What is the official website address for Burke Mountain Ski Resort?: The official website for Burke Mountain Ski Resort is skiburke.com.

The longest ski run at Burke Mountain measures approximately 0.9 miles.

Answer: True

The longest ski run at Burke Mountain measures approximately 0.9 miles (or 1.4 kilometers).

Related Concepts:

  • What is the length of the longest ski run at Burke Mountain?: The longest run available at Burke Mountain measures 0.9 miles, or approximately 1.4 kilometers.
  • How long is the longest ski run at Burke Mountain in miles?: The longest run at Burke Mountain is 0.9 miles in length.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

The average annual snowfall at Burke Mountain is approximately 217 inches.

Answer: True

The average annual snowfall at Burke Mountain is approximately 217 inches (equivalent to 550 centimeters).

Related Concepts:

  • What is the average annual snowfall at Burke Mountain?: Burke Mountain receives an average annual snowfall of 217 inches, which is equivalent to 550 centimeters.
  • What is the average annual snowfall measured in centimeters at Burke Mountain?: Burke Mountain receives an average annual snowfall of 550 centimeters.
  • How many acres of terrain at Burke Mountain are covered by snowmaking?: Snowmaking covers 182 acres of terrain at Burke Mountain.

Lyndonville is identified as the nearest major city to Burke Mountain Ski Resort.

Answer: True

Lyndonville, Vermont, is identified as the nearest major city to Burke Mountain Ski Resort.

Related Concepts:

  • What is the nearest major city to Burke Mountain Ski Resort?: The nearest major city to Burke Mountain Ski Resort is Lyndonville, Vermont.
  • What is Burke Mountain Ski Resort and where is it located?: Burke Mountain Ski Resort is a mid-size ski resort situated in northeast Vermont, specifically within the region known as Vermont's "Northeast Kingdom." It is located on Burke Mountain itself.
  • What notable educational institution is associated with Burke Mountain?: Burke Mountain is home to Burke Mountain Academy, which is a specialized ski academy.

The geographic coordinates for Burke Mountain place it at 71.895 degrees West longitude.

Answer: True

The geographic coordinates for Burke Mountain are 44.57 degrees North latitude and 71.895 degrees West longitude.

Related Concepts:

  • What are the geographic coordinates for Burke Mountain Ski Area?: The geographic coordinates for Burke Mountain Ski Area are 44.57 degrees North latitude and 71.895 degrees West longitude.
  • What is the summit elevation of Burke Mountain?: The top elevation of Burke Mountain reaches 3,267 feet (996 meters) above sea level.
  • What is the difference between the top and base elevations at Burke Mountain?: The top elevation of Burke Mountain is 3,267 feet, while the base elevation is 1,210 feet, resulting in a vertical drop of 2,057 feet.

The total skiable area at Burke Mountain is 110 hectares.

Answer: True

The skiable area at Burke Mountain totals 110 hectares, which is equivalent to 260 acres.

Related Concepts:

  • What is the total skiable area at Burke Mountain in hectares?: The skiable area at Burke Mountain totals 110 hectares.
  • How much area is designated as skiable at Burke Mountain?: The skiable area at Burke Mountain encompasses 260 acres, which is equivalent to 110 hectares.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

The longest run at Burke Mountain is 0.9 kilometers.

Answer: False

The longest run at Burke Mountain is 0.9 miles, which is approximately 1.4 kilometers.

Related Concepts:

  • What is the length of the longest ski run at Burke Mountain?: The longest run available at Burke Mountain measures 0.9 miles, or approximately 1.4 kilometers.
  • How long is the longest ski run at Burke Mountain in miles?: The longest run at Burke Mountain is 0.9 miles in length.
  • What is the difference between the top and base elevations at Burke Mountain?: The top elevation of Burke Mountain is 3,267 feet, while the base elevation is 1,210 feet, resulting in a vertical drop of 2,057 feet.

Burke Mountain receives an average annual snowfall of 550 centimeters.

Answer: True

Burke Mountain receives an average annual snowfall of 550 centimeters, equivalent to 217 inches.

Related Concepts:

  • What is the average annual snowfall measured in centimeters at Burke Mountain?: Burke Mountain receives an average annual snowfall of 550 centimeters.
  • What is the average annual snowfall at Burke Mountain?: Burke Mountain receives an average annual snowfall of 217 inches, which is equivalent to 550 centimeters.
  • What is the approximate area covered by snowmaking in hectares at Burke Mountain?: Approximately 74 hectares of terrain at Burke Mountain are covered by snowmaking.

What region of Vermont is Burke Mountain Ski Resort primarily located in?

Answer: Northeast Kingdom

Burke Mountain Ski Resort is situated in the Northeast Kingdom region of Vermont.

Related Concepts:

  • What is Burke Mountain Ski Resort and where is it located?: Burke Mountain Ski Resort is a mid-size ski resort situated in northeast Vermont, specifically within the region known as Vermont's "Northeast Kingdom." It is located on Burke Mountain itself.
  • What is the nearest major city to Burke Mountain Ski Resort?: The nearest major city to Burke Mountain Ski Resort is Lyndonville, Vermont.
  • What notable educational institution is associated with Burke Mountain?: Burke Mountain is home to Burke Mountain Academy, which is a specialized ski academy.

How is the skiable terrain at Burke Mountain primarily divided according to the source?

Answer: By section: Lower Mountain and Upper Mountain

The skiable terrain at Burke Mountain is primarily divided into lower and upper sections.

Related Concepts:

  • How is the skiable terrain at Burke Mountain divided?: The terrain at Burke Mountain is divided into two primary sections: a lower section and an upper section. Both of these areas are accessible via the resort's lift system.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.
  • What is the total skiable area at Burke Mountain in hectares?: The skiable area at Burke Mountain totals 110 hectares.

What is the vertical drop of Burke Mountain Ski Resort?

Answer: 2,057 feet

The vertical drop at Burke Mountain Ski Resort is 2,057 feet (627 meters).

Related Concepts:

  • What is the vertical drop at Burke Mountain Ski Resort?: The vertical drop at Burke Mountain Ski Resort is 2,057 feet (627 meters).
  • What is the difference between the top and base elevations at Burke Mountain?: The top elevation of Burke Mountain is 3,267 feet, while the base elevation is 1,210 feet, resulting in a vertical drop of 2,057 feet.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

What is the summit elevation of Burke Mountain?

Answer: 3,267 feet (996 meters)

The summit elevation of Burke Mountain is 3,267 feet (996 meters) above sea level.

Related Concepts:

  • What is the summit elevation of Burke Mountain?: The top elevation of Burke Mountain reaches 3,267 feet (996 meters) above sea level.
  • What is the difference between the top and base elevations at Burke Mountain?: The top elevation of Burke Mountain is 3,267 feet, while the base elevation is 1,210 feet, resulting in a vertical drop of 2,057 feet.
  • What is the average annual snowfall at Burke Mountain?: Burke Mountain receives an average annual snowfall of 217 inches, which is equivalent to 550 centimeters.

How many acres comprise the total skiable area at Burke Mountain?

Answer: 260 acres

The total skiable area at Burke Mountain comprises 260 acres.

Related Concepts:

  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.
  • How much area is designated as skiable at Burke Mountain?: The skiable area at Burke Mountain encompasses 260 acres, which is equivalent to 110 hectares.
  • What is the total skiable area at Burke Mountain in hectares?: The skiable area at Burke Mountain totals 110 hectares.

What is the total number of trails offered at Burke Mountain?

Answer: 55

Burke Mountain offers a total of 55 trails for skiing and snowboarding.

Related Concepts:

  • How many trails are available for skiing and snowboarding at Burke Mountain?: Burke Mountain offers a total of 55 trails for skiers and snowboarders.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.
  • How many acres of terrain at Burke Mountain are covered by snowmaking?: Snowmaking covers 182 acres of terrain at Burke Mountain.

What is the length of the longest ski run at Burke Mountain, in miles?

Answer: 0.9 miles

The longest ski run at Burke Mountain measures approximately 0.9 miles.

Related Concepts:

  • How long is the longest ski run at Burke Mountain in miles?: The longest run at Burke Mountain is 0.9 miles in length.
  • What is the length of the longest ski run at Burke Mountain?: The longest run available at Burke Mountain measures 0.9 miles, or approximately 1.4 kilometers.
  • How many trails are available for skiing and snowboarding at Burke Mountain?: Burke Mountain offers a total of 55 trails for skiers and snowboarders.

What is the average annual snowfall at Burke Mountain, measured in inches?

Answer: 217 inches

The average annual snowfall at Burke Mountain is approximately 217 inches.

Related Concepts:

  • What is the average annual snowfall at Burke Mountain?: Burke Mountain receives an average annual snowfall of 217 inches, which is equivalent to 550 centimeters.
  • What is the average annual snowfall measured in centimeters at Burke Mountain?: Burke Mountain receives an average annual snowfall of 550 centimeters.
  • How many acres of terrain at Burke Mountain are covered by snowmaking?: Snowmaking covers 182 acres of terrain at Burke Mountain.

Which city is identified as the nearest major city to Burke Mountain Ski Resort?

Answer: Lyndonville, VT

Lyndonville, Vermont, is identified as the nearest major city to Burke Mountain Ski Resort.

Related Concepts:

  • What is the nearest major city to Burke Mountain Ski Resort?: The nearest major city to Burke Mountain Ski Resort is Lyndonville, Vermont.
  • What is Burke Mountain Ski Resort and where is it located?: Burke Mountain Ski Resort is a mid-size ski resort situated in northeast Vermont, specifically within the region known as Vermont's "Northeast Kingdom." It is located on Burke Mountain itself.
  • What notable educational institution is associated with Burke Mountain?: Burke Mountain is home to Burke Mountain Academy, which is a specialized ski academy.

What is the total skiable area at Burke Mountain, expressed in hectares?

Answer: 110 hectares

The skiable area at Burke Mountain totals 110 hectares, which is equivalent to 260 acres.

Related Concepts:

  • How much area is designated as skiable at Burke Mountain?: The skiable area at Burke Mountain encompasses 260 acres, which is equivalent to 110 hectares.
  • What is the total skiable area at Burke Mountain in hectares?: The skiable area at Burke Mountain totals 110 hectares.
  • What is the approximate area covered by snowmaking in hectares at Burke Mountain?: Approximately 74 hectares of terrain at Burke Mountain are covered by snowmaking.

Burke Mountain Ski Resort: Infrastructure and Amenities

The resort currently operates three High-Speed Quad chairlifts.

Answer: False

The resort's lift system includes two High-Speed Quad chairlifts, not three.

Related Concepts:

  • Can you describe the lift system at Burke Mountain based on the provided data?: The lift system at Burke Mountain includes two High-Speed Quad chairlifts, one J-bar surface lift, and one T-Bar lift.
  • What types of lifts does Burke Mountain currently operate?: Burke Mountain currently operates four chairlifts and two magic carpets to service its slopes. The resort also has a T-Bar lift and a J-bar surface lift.
  • What specific types of lifts are mentioned as part of Burke Mountain's system?: The lift system at Burke Mountain includes two High-Speed Quads, one J-bar (surface lift), and one T-Bar lift. Additionally, the resort utilizes two magic carpets.

Burke Mountain's lift system includes a T-Bar lift and a J-bar surface lift.

Answer: True

The resort's lift system indeed includes a T-Bar lift and a J-bar surface lift, among other types.

Related Concepts:

  • Can you describe the lift system at Burke Mountain based on the provided data?: The lift system at Burke Mountain includes two High-Speed Quad chairlifts, one J-bar surface lift, and one T-Bar lift.
  • What specific types of lifts are mentioned as part of Burke Mountain's system?: The lift system at Burke Mountain includes two High-Speed Quads, one J-bar (surface lift), and one T-Bar lift. Additionally, the resort utilizes two magic carpets.
  • What types of lifts does Burke Mountain currently operate?: Burke Mountain currently operates four chairlifts and two magic carpets to service its slopes. The resort also has a T-Bar lift and a J-bar surface lift.

Burke Mountain does not feature any terrain parks for skiers or snowboarders.

Answer: False

Burke Mountain features multiple terrain parks, including a Small Advanced Park, an Intermediate Park, and a Beginner Park.

Related Concepts:

  • What terrain parks are offered at Burke Mountain?: Burke Mountain features multiple terrain parks: the Small Advanced Park (featuring large jumps and rails), the Intermediate Park (located on Dashney Mile with jumps, rails, and boxes), and the Beginner Park (situated on Bunker Hill with small jumps and berms).
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.
  • How many trails are available for skiing and snowboarding at Burke Mountain?: Burke Mountain offers a total of 55 trails for skiers and snowboarders.

Snowmaking capabilities at Burke Mountain cover 182 acres of terrain.

Answer: True

Snowmaking capabilities cover 182 acres of terrain at Burke Mountain, which is equivalent to approximately 74 hectares.

Related Concepts:

  • What is the approximate area covered by snowmaking in hectares at Burke Mountain?: Approximately 74 hectares of terrain at Burke Mountain are covered by snowmaking.
  • How many acres of terrain at Burke Mountain are covered by snowmaking?: Snowmaking covers 182 acres of terrain at Burke Mountain.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

The official website for Burke Mountain is skiburke.com.

Answer: True

The official website for Burke Mountain Ski Resort is skiburke.com.

Related Concepts:

  • What is the official website address for Burke Mountain Ski Resort?: The official website for Burke Mountain Ski Resort is skiburke.com.
  • How many trails are available for skiing and snowboarding at Burke Mountain?: Burke Mountain offers a total of 55 trails for skiers and snowboarders.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

The first photograph in the gallery depicts the Mid-Burke Express Quad chairlift on its opening day.

Answer: True

The first photograph in the gallery indeed shows the Mid-Burke Express Quad chairlift on its opening day.

Related Concepts:

  • What does the first photograph in the gallery depict?: The first photograph in the gallery shows the Mid-Burke Express Quad chairlift on its opening day.
  • What activity is illustrated in the second photograph within the gallery?: The second photograph in the gallery depicts people skiing at Burke Mountain, specifically at the top of Warren's Way.

Burke Mountain's lift system includes two magic carpets.

Answer: True

The resort's lift system includes two magic carpets, in addition to chairlifts and surface lifts.

Related Concepts:

  • What types of lifts does Burke Mountain currently operate?: Burke Mountain currently operates four chairlifts and two magic carpets to service its slopes. The resort also has a T-Bar lift and a J-bar surface lift.
  • What specific types of lifts are mentioned as part of Burke Mountain's system?: The lift system at Burke Mountain includes two High-Speed Quads, one J-bar (surface lift), and one T-Bar lift. Additionally, the resort utilizes two magic carpets.
  • Can you describe the lift system at Burke Mountain based on the provided data?: The lift system at Burke Mountain includes two High-Speed Quad chairlifts, one J-bar surface lift, and one T-Bar lift.

Approximately 74 acres of terrain at Burke Mountain are covered by snowmaking.

Answer: False

Approximately 74 hectares of terrain are covered by snowmaking, which equates to 182 acres.

Related Concepts:

  • What is the approximate area covered by snowmaking in hectares at Burke Mountain?: Approximately 74 hectares of terrain at Burke Mountain are covered by snowmaking.
  • How many acres of terrain at Burke Mountain are covered by snowmaking?: Snowmaking covers 182 acres of terrain at Burke Mountain.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

The Intermediate Park terrain park is located on Bunker Hill.

Answer: False

The Intermediate Park terrain park is situated on Dashney Mile (Lower Mountain), while the Beginner Park is on Bunker Hill.

Related Concepts:

  • What terrain parks are offered at Burke Mountain?: Burke Mountain features multiple terrain parks: the Small Advanced Park (featuring large jumps and rails), the Intermediate Park (located on Dashney Mile with jumps, rails, and boxes), and the Beginner Park (situated on Bunker Hill with small jumps and berms).
  • What specific types of terrain parks are available at Burke Mountain?: Burke Mountain offers a Small Advanced Park (with large hits and rails), an Intermediate Park (with jumps, rails, and boxes on Dashney Mile), and a Beginner Park (with small hits and berms on Bunker Hill).

Which of the following lift types is NOT mentioned as currently operating at Burke Mountain?

Answer: Gondola

The lift types mentioned as operating at Burke Mountain include High-Speed Quads, J-bar surface lifts, T-Bar lifts, and magic carpets. A gondola is not mentioned.

Related Concepts:

  • What types of lifts does Burke Mountain currently operate?: Burke Mountain currently operates four chairlifts and two magic carpets to service its slopes. The resort also has a T-Bar lift and a J-bar surface lift.
  • Can you describe the lift system at Burke Mountain based on the provided data?: The lift system at Burke Mountain includes two High-Speed Quad chairlifts, one J-bar surface lift, and one T-Bar lift.
  • What specific types of lifts are mentioned as part of Burke Mountain's system?: The lift system at Burke Mountain includes two High-Speed Quads, one J-bar (surface lift), and one T-Bar lift. Additionally, the resort utilizes two magic carpets.

How many acres of Burke Mountain's terrain are covered by snowmaking facilities?

Answer: 182 acres

Snowmaking facilities cover 182 acres of terrain at Burke Mountain.

Related Concepts:

  • What is the approximate area covered by snowmaking in hectares at Burke Mountain?: Approximately 74 hectares of terrain at Burke Mountain are covered by snowmaking.
  • How many acres of terrain at Burke Mountain are covered by snowmaking?: Snowmaking covers 182 acres of terrain at Burke Mountain.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.

What is the official website address provided for Burke Mountain Ski Resort?

Answer: skiburke.com

The official website for Burke Mountain Ski Resort is skiburke.com.

Related Concepts:

  • What is the official website address for Burke Mountain Ski Resort?: The official website for Burke Mountain Ski Resort is skiburke.com.
  • What is the total skiable acreage at Burke Mountain?: Burke Mountain offers 260 acres of skiable terrain.
  • How many trails are available for skiing and snowboarding at Burke Mountain?: Burke Mountain offers a total of 55 trails for skiers and snowboarders.

What is the Intermediate Park terrain park located at Burke Mountain?

Answer: On Dashney Mile (Lower Mountain)

The Intermediate Park terrain park is situated on Dashney Mile (Lower Mountain).

Related Concepts:

  • What terrain parks are offered at Burke Mountain?: Burke Mountain features multiple terrain parks: the Small Advanced Park (featuring large jumps and rails), the Intermediate Park (located on Dashney Mile with jumps, rails, and boxes), and the Beginner Park (situated on Bunker Hill with small jumps and berms).
  • What specific types of terrain parks are available at Burke Mountain?: Burke Mountain offers a Small Advanced Park (with large hits and rails), an Intermediate Park (with jumps, rails, and boxes on Dashney Mile), and a Beginner Park (with small hits and berms on Bunker Hill).
  • How is the skiable terrain at Burke Mountain divided?: The terrain at Burke Mountain is divided into two primary sections: a lower section and an upper section. Both of these areas are accessible via the resort's lift system.

Which of the following accurately describes the Beginner Park at Burke Mountain?

Answer: Situated on Bunker Hill with small jumps and berms

The Beginner Park at Burke Mountain is situated on Bunker Hill and features small jumps and berms.

Related Concepts:

  • What specific types of terrain parks are available at Burke Mountain?: Burke Mountain offers a Small Advanced Park (with large hits and rails), an Intermediate Park (with jumps, rails, and boxes on Dashney Mile), and a Beginner Park (with small hits and berms on Bunker Hill).
  • What terrain parks are offered at Burke Mountain?: Burke Mountain features multiple terrain parks: the Small Advanced Park (featuring large jumps and rails), the Intermediate Park (located on Dashney Mile with jumps, rails, and boxes), and the Beginner Park (situated on Bunker Hill with small jumps and berms).
  • How is the skiable terrain at Burke Mountain divided?: The terrain at Burke Mountain is divided into two primary sections: a lower section and an upper section. Both of these areas are accessible via the resort's lift system.

Burke Mountain Ski Resort: Ownership and Management History

The owners of Jay Peak Resort acquired Burke Mountain in May 2016.

Answer: False

The acquisition by Jay Peak Resort owners occurred in May 2012, not 2016.

Related Concepts:

  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.
  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.

In 2016, Burke Mountain entered federal receivership following an investigation into its owner's financial dealings.

Answer: True

The resort entered federal receivership in 2016 due to an investigation into its owner's financial activities.

Related Concepts:

  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.
  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.

Bear Den Partners acquired Burke Mountain Ski Resort in April 2025 for approximately $11.5 million.

Answer: True

Bear Den Partners completed the acquisition of Burke Mountain Ski Resort in April 2025 for approximately $11.5 million.

Related Concepts:

  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.
  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.

The new ownership group plans to invest up to $20 million in resort upgrades.

Answer: True

The new ownership group, Bear Den Partners, has announced plans to invest up to $20 million in resort upgrades.

Related Concepts:

  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.
  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.

Jay Peak and Burke Mountain were seized by U.S. government officials on April 14, 2016.

Answer: True

Jay Peak and Burke Mountain were seized by U.S. government officials on April 14, 2016.

Related Concepts:

  • On what date were Jay Peak and Burke Mountain seized by U.S. government officials?: Jay Peak and Burke Mountain were seized by U.S. government officials on April 14, 2016.
  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.

The purchase price for Burke Mountain in April 2025 was less than $10 million.

Answer: False

The purchase price for Burke Mountain in April 2025 was approximately $11.5 million, which is more than $10 million.

Related Concepts:

  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.
  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.

In what year did the owners of Jay Peak Resort acquire Burke Mountain?

Answer: 2012

The owners of Jay Peak Resort acquired Burke Mountain in May 2012.

Related Concepts:

  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.
  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.

What event precipitated Burke Mountain entering federal receivership in 2016?

Answer: An investigation into financial dealings involving its owner

The resort entered federal receivership in 2016 due to an investigation into its owner's financial dealings.

Related Concepts:

  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.
  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.

Who was the acquiring group for Burke Mountain Ski Resort in April 2025?

Answer: Bear Den Partners

Bear Den Partners was the acquiring group for Burke Mountain Ski Resort in April 2025.

Related Concepts:

  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.
  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.

What is the approximate total investment planned by the new owners for Burke Mountain upgrades?

Answer: 20 million

The new owners plan to invest up to $20 million in substantial resort upgrades.

Related Concepts:

  • Who recently purchased Burke Mountain Ski Resort, and what are their future plans?: Bear Den Partners acquired Burke Mountain in April 2025 for approximately $11.5 million. The new ownership plans to invest up to $20 million in substantial resort upgrades, encompassing snowmaking enhancements, new lift installations, and terrain expansion.
  • What was the purchase price for Burke Mountain Ski Resort in April 2025?: Burke Mountain Ski Resort was purchased in April 2025 for a reported sum of $11.5 million.
  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.

What significant action occurred on April 14, 2016, involving Jay Peak and Burke Mountain?

Answer: They were seized by U.S. government officials.

On April 14, 2016, Jay Peak and Burke Mountain were seized by U.S. government officials.

Related Concepts:

  • On what date were Jay Peak and Burke Mountain seized by U.S. government officials?: Jay Peak and Burke Mountain were seized by U.S. government officials on April 14, 2016.
  • When was Burke Mountain Resort purchased by the owners of Jay Peak Resort, and what was the subsequent legal situation?: In May 2012, Burke Mountain Resort was acquired by the owners of Jay Peak Resort. In 2016, the resort entered federal receivership due to an investigation into its owner's financial activities, which later resulted in Ariel Quiros's sentencing.

EB-5 Investment Scheme: Fraud and Legal Ramifications

The EB-5 visa program was utilized for resort financing beginning in 2008.

Answer: True

The EB-5 visa program was utilized for resort financing beginning in 2008.

Related Concepts:

  • What was the approximate total amount raised through the EB-5 program for the resorts and related developments by 2010?: By 2010, the resort company had raised approximately $250 million through the EB-5 program from investors across 43 companies.
  • How did the EB-5 visa program become involved in the financing of Jay Peak and Burke Mountain?: In 2008, a group led by Ariel Quiros and Bill Stenger of Jay Peak Resort used an EB-5 visa program to finance development projects. This program incentivizes foreign investment by offering permanent residency to investors who create jobs in the U.S.

Ariel Quiros and Bill Stenger were central figures in the EB-5 investment scheme for the resorts.

Answer: True

Ariel Quiros and Bill Stenger were indeed central figures in the EB-5 investment scheme involving Jay Peak and Burke Mountain.

Related Concepts:

  • What role did Ariel Quiros and Bill Stenger play in the EB-5 scheme?: Ariel Quiros and Bill Stenger were central figures who purchased Jay Peak Resort and later Burke Mountain Ski Area using funds raised through the EB-5 visa program. They were involved in the subsequent misuse of these investment funds.
  • How did the EB-5 visa program become involved in the financing of Jay Peak and Burke Mountain?: In 2008, a group led by Ariel Quiros and Bill Stenger of Jay Peak Resort used an EB-5 visa program to finance development projects. This program incentivizes foreign investment by offering permanent residency to investors who create jobs in the U.S.
  • Who were the main individuals involved in the EB-5 fraud concerning Jay Peak and Burke Mountain?: The main individuals involved were Ariel Quiros, the owner of the resorts, and Bill Stenger, the CEO of Jay Peak Resort.

EB-5 funds were initially misused by being placed in an account managed by Ariel Quiros's son-in-law.

Answer: True

The initial misuse involved placing EB-5 funds in an account managed by Ariel Quiros's son-in-law, not Bill Stenger's relative.

Related Concepts:

  • What role did Ariel Quiros and Bill Stenger play in the EB-5 scheme?: Ariel Quiros and Bill Stenger were central figures who purchased Jay Peak Resort and later Burke Mountain Ski Area using funds raised through the EB-5 visa program. They were involved in the subsequent misuse of these investment funds.
  • What was Bill Stenger's plea and sentence related to the EB-5 fraud investigation?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.
  • What was the outcome for Bill Stenger after pleading guilty in relation to the EB-5 fraud?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.

By 2010, the resort company had raised approximately $250 million through the EB-5 program.

Answer: True

By 2010, approximately $250 million had been raised through the EB-5 program for the resort developments.

Related Concepts:

  • What was the approximate total amount raised through the EB-5 program for the resorts and related developments by 2010?: By 2010, the resort company had raised approximately $250 million through the EB-5 program from investors across 43 companies.
  • How did the EB-5 visa program become involved in the financing of Jay Peak and Burke Mountain?: In 2008, a group led by Ariel Quiros and Bill Stenger of Jay Peak Resort used an EB-5 visa program to finance development projects. This program incentivizes foreign investment by offering permanent residency to investors who create jobs in the U.S.

Investors began raising concerns about their EB-5 investments with regulatory bodies in 2014.

Answer: True

Concerns regarding EB-5 investments were raised with regulatory bodies, including the Vermont DFR and the SEC, by 2014.

Related Concepts:

  • When did investors begin to raise concerns about their EB-5 investments, and which regulatory bodies were notified?: By 2014, some EB-5 investors had lodged complaints with the Vermont Department of Financial Regulation (DFR) and the U.S. Securities and Exchange Commission (SEC), citing concerns about the reclassification of their investments.

The investigation into the EB-5 funds revealed that Ariel Quiros diverted millions for personal use.

Answer: True

The investigation revealed that Ariel Quiros diverted millions for personal use; Bill Stenger was implicated for misleading investors and the SEC.

Related Concepts:

  • What was Bill Stenger's plea and sentence related to the EB-5 fraud investigation?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.
  • What were the key findings of the investigation into the EB-5 funds?: Investigators discovered that Ariel Quiros had diverted millions of dollars for personal use. They also found that Bill Stenger had misled investors and the SEC regarding the status of construction projects, some of which, like a biotechnology plant in Newport, Vermont, were never built.
  • What role did Ariel Quiros and Bill Stenger play in the EB-5 scheme?: Ariel Quiros and Bill Stenger were central figures who purchased Jay Peak Resort and later Burke Mountain Ski Area using funds raised through the EB-5 visa program. They were involved in the subsequent misuse of these investment funds.

Ariel Quiros pleaded guilty to wire fraud, money laundering, and obstruction, and was sentenced to federal prison.

Answer: True

Ariel Quiros pleaded guilty to wire fraud, money laundering, and obstruction, and was sentenced to five years in federal prison.

Related Concepts:

  • What were the federal crimes Ariel Quiros pleaded guilty to, and what was his sentence?: Ariel Quiros pleaded guilty in 2020 to federal offenses including wire fraud, money laundering, and obstruction of investigators, receiving a subsequent five-year prison sentence.
  • What was the consequence for Ariel Quiros following his guilty plea in the EB-5 fraud case?: Ariel Quiros pleaded guilty in 2020 to federal offenses including wire fraud, money laundering, and obstruction of investigators, receiving a subsequent five-year prison sentence.

Bill Stenger received a sentence of 18 months in prison for his role in the EB-5 fraud.

Answer: True

Bill Stenger received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine for his role in the EB-5 fraud.

Related Concepts:

  • What was the outcome for Bill Stenger after pleading guilty in relation to the EB-5 fraud?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.
  • What was Bill Stenger's plea and sentence related to the EB-5 fraud investigation?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.

Raymond James Financial paid a $150 million settlement for its involvement in the EB-5 scheme.

Answer: True

Raymond James Financial incurred a settlement of $150 million for its complicity in the EB-5 fraud scheme.

Related Concepts:

  • What financial penalty did Raymond James Financial face due to its involvement in the EB-5 fraud?: Raymond James Financial incurred a settlement of $150 million for its complicity in the EB-5 fraud scheme.

It is highly probable that EB-5 investors will recover all of their invested money.

Answer: False

The recovery of invested funds for EB-5 investors is projected to be minimal; full recovery is unlikely.

Related Concepts:

  • What is the projected financial outcome for the EB-5 investors, and what is the receiver's plan regarding their residency status?: The recovery of invested funds for EB-5 investors is projected to be minimal. However, the receiver is committed to facilitating the approval of their green card applications.

Who were the principal individuals associated with the EB-5 investment scheme involving Jay Peak and Burke Mountain?

Answer: Ariel Quiros and Bill Stenger

Ariel Quiros and Bill Stenger were the principal individuals associated with the EB-5 investment scheme.

Related Concepts:

  • What role did Ariel Quiros and Bill Stenger play in the EB-5 scheme?: Ariel Quiros and Bill Stenger were central figures who purchased Jay Peak Resort and later Burke Mountain Ski Area using funds raised through the EB-5 visa program. They were involved in the subsequent misuse of these investment funds.
  • How did the EB-5 visa program become involved in the financing of Jay Peak and Burke Mountain?: In 2008, a group led by Ariel Quiros and Bill Stenger of Jay Peak Resort used an EB-5 visa program to finance development projects. This program incentivizes foreign investment by offering permanent residency to investors who create jobs in the U.S.
  • Who were the main individuals involved in the EB-5 fraud concerning Jay Peak and Burke Mountain?: The main individuals involved were Ariel Quiros, the owner of the resorts, and Bill Stenger, the CEO of Jay Peak Resort.

What specific wrongdoing was attributed to Bill Stenger during the EB-5 investigation?

Answer: Misleading investors and the SEC about project status

Bill Stenger was implicated for misleading investors and the SEC regarding the status of construction projects.

Related Concepts:

  • What was Bill Stenger's plea and sentence related to the EB-5 fraud investigation?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.
  • What was the outcome for Bill Stenger after pleading guilty in relation to the EB-5 fraud?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.
  • What role did Ariel Quiros and Bill Stenger play in the EB-5 scheme?: Ariel Quiros and Bill Stenger were central figures who purchased Jay Peak Resort and later Burke Mountain Ski Area using funds raised through the EB-5 visa program. They were involved in the subsequent misuse of these investment funds.

What federal crimes did Ariel Quiros plead guilty to in 2020?

Answer: Wire fraud, money laundering, and obstruction

Ariel Quiros pleaded guilty in 2020 to federal crimes including wire fraud, money laundering, and obstruction of investigators.

Related Concepts:

  • What were the federal crimes Ariel Quiros pleaded guilty to, and what was his sentence?: Ariel Quiros pleaded guilty in 2020 to federal offenses including wire fraud, money laundering, and obstruction of investigators, receiving a subsequent five-year prison sentence.
  • What was the consequence for Ariel Quiros following his guilty plea in the EB-5 fraud case?: Ariel Quiros pleaded guilty in 2020 to federal offenses including wire fraud, money laundering, and obstruction of investigators, receiving a subsequent five-year prison sentence.

What was the sentence given to Bill Stenger after pleading guilty to supplying false statements?

Answer: 18 months in prison, 3 years supervised release, and a $250,000 fine

Bill Stenger was sentenced to 18 months imprisonment, three years of supervised release, and a $250,000 fine after pleading guilty to supplying false statements.

Related Concepts:

  • What was the outcome for Bill Stenger after pleading guilty in relation to the EB-5 fraud?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.
  • What was Bill Stenger's plea and sentence related to the EB-5 fraud investigation?: Bill Stenger pleaded guilty to supplying false statements to federal investigators and received a sentence of 18 months imprisonment, three years of supervised release, and a $250,000 fine.

What financial penalty did Raymond James Financial incur due to its role in the EB-5 fraud scheme?

Answer: 150 million settlement

Raymond James Financial incurred a settlement of $150 million for its complicity in the EB-5 fraud scheme.

Related Concepts:

  • What financial penalty did Raymond James Financial face due to its involvement in the EB-5 fraud?: Raymond James Financial incurred a settlement of $150 million for its complicity in the EB-5 fraud scheme.

Regarding the EB-5 investors, what does the source suggest about the recovery of their funds?

Answer: It is unlikely they will recover most of their invested money.

The recovery of invested funds for EB-5 investors is projected to be minimal; full recovery is unlikely. However, the receiver aims to facilitate green card approvals.

Related Concepts:

  • What is the projected financial outcome for the EB-5 investors, and what is the receiver's plan regarding their residency status?: The recovery of invested funds for EB-5 investors is projected to be minimal. However, the receiver is committed to facilitating the approval of their green card applications.

What was the approximate total amount raised from EB-5 investors by 2010 for the resort developments?

Answer: 250 million

By 2010, approximately $250 million had been raised from EB-5 investors for the resort developments.

Related Concepts:

  • What was the approximate total amount raised through the EB-5 program for the resorts and related developments by 2010?: By 2010, the resort company had raised approximately $250 million through the EB-5 program from investors across 43 companies.
  • How did the EB-5 visa program become involved in the financing of Jay Peak and Burke Mountain?: In 2008, a group led by Ariel Quiros and Bill Stenger of Jay Peak Resort used an EB-5 visa program to finance development projects. This program incentivizes foreign investment by offering permanent residency to investors who create jobs in the U.S.

Burke Mountain Academy

The renowned Burke Mountain Academy, a specialized ski institution, is situated at the resort.

Answer: True

Burke Mountain Academy is indeed located at the Burke Mountain Ski Resort, serving as a specialized ski institution.

Related Concepts:

  • What notable educational institution is associated with Burke Mountain?: Burke Mountain is home to Burke Mountain Academy, which is a specialized ski academy.

Which specialized educational institution is located at Burke Mountain?

Answer: Burke Mountain Academy

The specialized educational institution located at Burke Mountain is Burke Mountain Academy.

Related Concepts:

  • What notable educational institution is associated with Burke Mountain?: Burke Mountain is home to Burke Mountain Academy, which is a specialized ski academy.
  • What is Burke Mountain Ski Resort and where is it located?: Burke Mountain Ski Resort is a mid-size ski resort situated in northeast Vermont, specifically within the region known as Vermont's "Northeast Kingdom." It is located on Burke Mountain itself.
  • What is the official website address for Burke Mountain Ski Resort?: The official website for Burke Mountain Ski Resort is skiburke.com.

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