Merrill To Pay $4.5M To End Jay Peak-Related Oversight Claim

By Dave Simpson (January 6, 2022, 9:30 PM EST) -- Merrill Lynch has agreed to pay $4.5 million to end claims related to its alleged oversight and management of accounts opened by the mastermind of the $350 million Jay Peak Ski Resort EB-5 visa fraud scheme, according to a settlement approval bid in Florida federal court Thursday....

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