Vermont Public is independent, community-supported media, serving Vermont with trusted, relevant and essential information. We share stories that bring people together, from every corner of our region. New to Vermont Public? Start here.

© 2024 Vermont Public | 365 Troy Ave. Colchester, VT 05446

Public Files:
WVTI · WOXM · WVBA · WVNK · WVTQ
WVPR · WRVT · WOXR · WNCH · WVPA
WVPS · WVXR · WETK · WVTB · WVER
WVER-FM · WVLR-FM · WBTN-FM

For assistance accessing our public files, please contact hello@vermontpublic.org or call 802-655-9451.
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Explore our coverage of government and politics.

Perspectives On The EB-5 Scandal

Toby Talbot
/
AP
State auditor Doug Hoffer, shown here taking the oath of office in 2013, has been historically critical of the EB-5 investor visa program. We're talking to him about what we can learn from the case of alleged fraud in the Northeast Kingdom.

Debate continues over what state officials knew when about the alleged EB-5 fraud in the Northeast Kingdom.  Four guests join us today to discuss the situation.

We'll hear an update from independent investigative reporter Hilary Niles on the latest details of new information that has come to light.

Mike Pieciak,  the commissioner of the Department of Financial Regulation, then provides his perspective on the controversy and how the timeline of the investigation unfolded.

Later in the program, we'll be joined by Vermont state auditor Doug Hoffer. He says that the EB-5 scandal also demonstrates problems with how the state gauges the effectiveness of many of its economic development programs and  that fuzzy data at the heart of the programs make their benefits nearly impossible to assess in any systematic way.

We'll then hear from Pat Moulton, Secretary of the Agency of Commerce and Community Development, to respond to Hoffer's concerns.

Correction 12:29 p.m. A previous version of this post misspelled Mike Pieciak's name. It has been corrected.

Broadcast live on Thursday, July 21, 2016 at noon; rebroadcast at 7 p.m.

Jane Lindholm is the host, executive producer and creator of But Why: A Podcast For Curious Kids. In addition to her work on our international kids show, she produces special projects for Vermont Public. Until March 2021, she was host and editor of the award-winning Vermont Public program Vermont Edition.
Latest Stories