The condo Solaris in Vail. Condo project Solaris claims on its website to be “Vail’s premier address.” But 13 Chinese nationals who put up millions toward the project see it somewhat differently, saying they invested in “a Roach Motel d...
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‘This loan was not normal’: Chinese nationals who invested in Vail condo project sue developer, lender
AIG Presents EB-5 investment solutions to Korean investors
American Immigration Group, LLC (“AIG”) a leading EB5 Regional Center, headquartered in New York, is pleased to present EB-5 Investment solutions to Korean investors seeking to obtain Permanent Residency in the U.S. “American Immigration Gr...
State EB-5 records missing
Vermont Solicitor General Benjamin Battles defended the Vermont Attorney General’s Office in the case of a record brought by VTDigger. The state cannot account for four months of emails from the former head of the state-run EB-5 center. No...
https://eb5projects.com/updates/regional_center_updates/4549
Academica founder Fernando Zulueta and rendering of Somerset Academy Parkland Academica bought the property for $5M in 2016 Academica scored $15 million in EB-5-backed construction financing to start building a new charter school in Par...
Federal judge issues gag order on gag order in EB-5 case
VTDigger filed a motion to intervene Thursday in a federal case over alleged kickbacks to an immigration lawyer who steered EB-5 investors to Jay Peak Resort projects. Investors are suing attorney Jianming Shen who allegedly bilked the immi...
Settlement reached in EB-5 lawsuit with Aberdeen ties
A civil lawsuit with local ties between the Deadwood Mountain Grand and EB-5 investors has been settled. According to a news release from the resort, the settlement was final Aug. 16, pending litigation between SDIF, a corporation created b...
Ex-White House aide, partner on trial for immigration fraud
Retired Air Force Col. Timothy Milbrath, who served as a military aide to 3 presidents, and his partner, William “Bart” Hungerford, are charged with fraud. A former White House military aide and his business partner are on trial in federal ...
Oakland businessman, partners indicted in alleged $110 million cash-for-visas fraud
Tom Henderson addresses the crowd gathered at Callsocket for a grand opening on Monday, November 4, 2013. Henderson was charged Tuesday with defrauding over 200 foreign investors of $110 million under a controversial federal cash-for-visas pro...
Program that includes NY Wheel EB-5 investors touts strong track record
CanAm -- an EB-5 immigrant investor program administered by U.S Citizenship and Immigration Services -- announced that its 2,500 investor families, who are involved with 38 projects, earned a total capital repayment of $1.25 billion as of Dec....
FBI releases heavily redacted file on EB-5 subject Richard Benda
Most information whited-out but some interesting tidbits revealed The FBI recently released its heavily redacted file on the EB-5 scandal subject Richard Benda. Some of the documents have previously been released. Benda, a former Sout...
Issues faced by Hotel Indigo resort in Coachella are not unusual
Coachella is betting Hotel Indigo will bring tourists, taxes, and jobs. But first, the hotel has to weather construction delays. The delay in opening is primarily attributable to the project expanding in size and doubling in cost. We expan...
Financially troubled Hotel Astor in Miami Beach listed for sale
The ground lessee completed $9M in renovations in 2014 using EB-5 money from Brazil, China, and Venezuela The financially troubled and now-closed Hotel Astor is on the market for $12 million. The 42-room, three-story hotel at 956 Washing...
USCIS EB-5 Engagement 9/9
From: U.S. Citizenship and Immigration Services
Fed Up With Immigration Backlog, Lawyers Head to the Courts
An immigration services official stamps U.S. citizenship applications at a U.S. Citizenship and Immigration Services office. Litigation seen as only choice in wake of lengthy delays Agency says it’s using office realignment, hiring to cle...
EB5 investors set to fund Coachella venture
George Washington Immigration Group aims to provide $65 million in EB-5 financing for Glenroy Coachella LLC. The funds will be used to finance a portion of the costs of constructing Indigo Coachella, a full-service Indigo Hotel, a brand und...