Money from a group of Chinese investors used to fund a beef processing plant in Aberdeen was not procured fraudulently and the state doesn’t have to repay it, according to a decision by the South Dakota Supreme Court. The case involves the ...
Can the SEC obtain disgorgement in civil enforcement actions? Yes. What, exactly, is disgorgement? Well, it’s complicated. In an 8-1 opinion, the Supreme Court held that the SEC can seek and obtain disgorgement in federal civil actions, ...
Ariel Quiros, center, leaves federal court in Burlington after being arraigned on charges pertaining to the EB-5 fraud case on May 22, 2019. A federal judge has rejected a bid by the former owner of Jay Peak to throw out a criminal indictm...
Ariel Quiros, center, arrives outside federal court in Burlington for his arraignment on charges pertaining to the EB-5 fraud case on May 22, 2019. At right is then-attorney Seth Levine, and behind is Bob Katims, local counsel. Former Jay ...
Authorities allege Jianjun Qiao, 56, conspired with his ex-wife to gain fraudulent entry into the U.S. in 2009 and then laundered stolen money stolen from China through a Newcastle home purchased in 2012 by a company in her name. (U.S. Attorne...