Director / Editor: Victor Teboul, Ph.D.

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$500,000 Brings US Residency - Or 'Front Row Seat' to Fraud

Felipe Vieira moved from his home in Brazil to the tiny town of Stowe, Vermont, under a program that allows foreign investors the chance to become a permanent U.S. resident. But he says after handing over $500,000, he and others who backed a development project at a pair of ski resorts are worried their dreams will be dashed. The project, which involves a hotel and a biomedical research plant, is the subject of a federal fraud lawsuit filed earlier this month. "Everybody is scared...

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