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Vermont Seeks Reconsideration Of Immigrant Investor Closure

Vermont's immigrant investor center is going to ask the federal government to reconsider a decision to shut it down in the wake of alleged fraud at the Jay Peak ski resort.
The Vermont Regional Center announced Monday it would pursue the motion for reconsideration with the United States Citizenship and Immigration Services, which last month affirmed a decision it made last year to close the center.

The federal government denied Vermont's request to gradually wind down the immigrant investor program, citing the alleged fraud at Jay Peak ski resort involving millions of dollars and a lack of evidence that the program promotes economic growth.

On Monday, the center announced it would file a motion for reconsideration by Oct. 25 at which time the motion will become available to the public.

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