Update: Charges in Quarry Fraud Case
The Burlington (Vt.) Free Press reported on April 18 that a federal grand jury returned a 57-count indictment against John Byors in an alleged investment fraud involving a marble quarry in Swinton, Vt. The charges accuse Byors of defrauding more than 100 people of $10 million in the 2001-2004 operation of the quarry; the amount of marble actually extracted, as well as the stone’s whereabouts, is unknown.