2021 to supplying false statements to federal investigators. He was sentenced to 18 months in prison and three years of supervisory release, and he was fined $250,000. a third conspirator, William Kelly, also received fines and a prison sentence. Raymond James Financial paid a $150 million settlement for its part in the fraud. In 2022, Goldberg stated that he intended to continue trying to get the EB5 investors' green cards approved. 2022; sale to Pacific Group Resorts As of 2022, Jay Peak employed more than 1,200 people in the winter and about half that number year-round; profits increased, during the receivership, from $2 million to $10 million annually. In September 2022, after operating the resort for more than six years, Goldberg conducted an auction of the resort in which the winner was Pacific Group Resorts, Inc. of Park City, Utah, with a bid of $76 million. The sale was approved by the federal court, and approximately $70 million of the purchase funds are to be distributed to the defrauded EB-5 investors, representing about 40% of their original investments. The transaction was completed in November 2022. Pacific stated that it has no plans to make "major changes" to winter operations at the resort. Trails and lifts As of 2022, the mountain offers 81 trails covering nearly of skiable terrain. About two dozen of these are off-piste tree-skiing areas, or glades, covering approximately . Jay Peak is home to the "Face Chutes," arguably the most challenging and steepest marked terrain in the east with an average slope of 56.5 percent (almost 30°) and a maximum slope of 73.9 percent (37°). The "Face Chutes" consist of four skiable lines, the most challenging being the 3 lines to skier's right, all of which are extremely narrow and include a mandatory cliff drop. The ski area is known for its gladed skiing. Jay Peak has 9 operating lifts, including two magic carpet surface lifts. The mountain has a total uphill capacity of approximately 12,820 skiers/hour. The oldest of the lifts, the 60-person aerial tramway, also known as the "tram", is the only one of its type in the State of Vermont. This tramway was originally installed in 1966 by Von Roll, and upgraded in 2000 with new cabins from Garaventa. In 1985, the resort purchased the Jet Triple chair from Doppelmayr to replace a T-Bar. This was followed in 1987 with the purchase of the