American Lending Center (ALC), a leading EB-5 regional center, welcomes the completion of construction at Eritage Resort. The milestone was marked by a ribbon cutting ceremony at the resort on June 2 attended by ALC President Bruce Thompson, e...
Featured Commentary
Recent Commentary
American Lending Center Celebrates Construction Completion at Eritage Resort
The EB-5 Investor Visa Program vs. the E-2 Investor Visa, Which One Is Better for You?
The EB-5 visa might be a better choice for international entrepreneurs that are looking to start a business in the United States. The EB-5 visa is an immigrant visa, where the E-2 in a non-immigrant visa. If you are looking for a path to perma...
CanAm Enterprises Announces the 38th EB-5 Partnership Loan Repayment - Makaha West Golf Course in Hawaii
CanAm Enterprises' 38th EB-5 project has fully repaid; all of its 24 EB-5 investors have already secured unconditional permanent residency. NEW YORK, June 5, 2019 /PRNewswire-PRWeb/ -- CanAm Enterprises ("CanAm") is pleased to announce that...
Jay Peak’s receiver nears $6M in fees, expenses, for EB-5 cleanup
Michael Goldberg, the court-appointed receiver in the EB-5 fraud case, speaks at a Statehouse news conference in 2017. The Jay Peak receivership’s price tag for overseeing the resort and managing other properties in northern Vermont at the...
How a Vermont biotech project triggered federal fraud charges
After federal indictments were handed down last week, defendants in the Jay Peak fraud were hauled into court in handcuffs, marking a key milestone in what authorities say was a long-running sophisticated Ponzi scheme—and the biggest fraud in ...
Surge in Gulf applicants expected for US investor visa scheme
The US EB-5 visa programme currently requires would-be immigrants to invest a minimum of $500,000, a figure that is expected to go up The EB-5 visa programme is designed to encourage foreign investment in projects across the US and create e...
EB-5 lawsuit settled in South Dakota Supreme Court
A lawsuit stemming from the EB-5 program has ended with a settlement. The company that provided more than $30 million to build the Deadwood Mountain Grand Casino and Hotel went to court to recover the money. The lawsuit stems from a fede...
Settlement possible in Deadwood Mountain Grand EB-5 litigation
The Deadwood Mountain Grand opened in the summer of 2011 after receiving millions of dollars through the EB-5 program. High-stakes litigation involving the Deadwood Mountain Grand casino-hotel, Chinese investors and the controversial EB-5 ...
Chinese investors in shuttered vegas casino demand refunds
Developers and former managers of Asian-themed Lucky Dragon casino-hotel that was built, open for a year, closed and recently sold in Las Vegas are now facing investor lawsuits. Some plaintiffs are Chinese investors seeking refunds amid com...
Bill Kelly — Ariel Quiros’ behind-the-scenes man in the EB-5 fraud
Bill Kelly arrives outside federal court in Burlington for his arraignment on charges in the EB-5 fraud case on Wednesday. When Ariel Quiros and Bill Stenger arrived late Wednesday morning at the federal courthouse in Burlington, the media ...
Vt. Financial Regulation Commissioner: Charges In EB-5 Case Propel 'Healing Process'
Vermont Department of Financial Regulation Commissioner Michael Pieciak, pictured here in 2016, said criminal charges filed this week are a move toward closure in the EB-5 scandal in the Northeast Kingdom. Criminal fraud charges filed this ...
Hotel starts construction in 70-acre mixed-use development near The Woodlands
Hyatt House Metropark Shenandoah/The Woodlands is slated to open November 2020. Sam Moon Group is the developer of Metropark Square and the hotel. Arlington, Texas-based Type-Six Architecture designed the project, and the general contractor is...
Thinking of Immigrating to America from SA? Now Is The Time
South Africans are surging towards the popular United States EB-5 Immigrant Investment Visa programme ahead of possible price increases that will likely place the EB-5 visa programme out of reach for many, other than for the uber-rich. NE...
Quiros indictment sets stage for battle over state’s role in EB-5 fraud
Ariel Quiros leaves federal court in Burlington on Wednesday after being arraigned on charges pertaining to the EB-5 fraud case. The indictment of former Jay Peak owner Ariel Quiros could reveal the extent of the state’s role in the EB-5 s...
Criminal charges expected this week in Jay Peak EB-5 fraud
Bill Stenger, left, and Ariel Quiros at a ribbon cutting. Apress conference is set for Wednesday in Newport, where federal criminal charges are expected to be announced against Jay Peak developers Ariel Quiros and Bill Stenger in connectio...