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Exclusive interview with Bill Stenger before he serves time for EB-5 scandal

Bill_Stenger_web.jpg
Herb Swanson
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Host Mikaela Lefrak talks with VPR reporter Liam Elder-Connors about his interview with Bill Stenger.

Bill Stenger, the Northeast Kingdom developer and former president of Jay Peak, will be in prison in a few days. He was sentenced to 18 months for his role in the EB-5 scandal — the largest financial fraud in Vermont history.

Stenger, along with his partners, proposed a slew of projects throughout the region. Some of them got built, others were never finished. The developers misused millions of dollars of foreign investments and were eventually indicted by federal prosecutors. Stenger pleaded guilty to a felony charge for his role in the fraud.

He hasn’t given any interviews since the scandal was first unveiled six years ago—until last week, when he spoke to VPR’s Liam Elder-Connors. This hour, host Mikaela Lefrak talks with Elder-Connors about that interview, which you can read in full here.

Broadcast on Friday, June 3, 2022 at noon.

Have questions, comments or tips? Send us a message or tweet us @vermontedition.

Mikaela Lefrak joined Vermont Public in 2021 as co-host and senior producer of Vermont Edition. Her stories have aired nationally on Morning Edition, All Things Considered, Weekend Edition, Marketplace, The World and Here & Now. A seasoned local reporter, Mikaela has won two regional Edward R. Murrow awards and a Public Media Journalists Association award for her work.
Tedra joined Vermont Public as a producer for Vermont Edition in January 2022. Before moving to Vermont, she was a journalist in New York City for 20 years. She has a master’s degree in journalism from New York University.