Michael Goldberg, the court-appointed receiver in the EB-5 fraud case, speaks at a Statehouse news conference April 13, 2017. The court-appointed receiver overseeing Jay Peak and other properties at the center of an EB-5 investor fraud sca...
The investors are appealing a trial court decision that protects the law firm that prepared the private offering memorandum for their investment. They maintain the firm either knew of or should have known that the supposed investment in the so...
Federal securities regulators said this week that they had agreed to settle with a San Mateo County woman accused of misappropriating at least $45 million in investment funds from Chinese citizens who were aiming to gain U.S. permanent residen...
Superior Court of California in downtown San Jose, Calif., on Monday, July 1, 2019. But lawsuit against Bethany Liou by Chinese citizens will continue San Mateo County businesswoman Bethany Liou has agreed to pay $50 million in a settlem...
The U.S. Supreme Court building in Washington. The U.S. Supreme Court agreed to consider stripping the Securities and Exchange Commission of its power to recoup illegal profits from wrongdoers, taking up a challenge to one of the agency’s m...