Suit says EB-5 investments were ‘pillaged’ for personal use and defendants are using legal system to cover up actions.
A lawsuit alleges that the Palm House condominium-hotel is at the center of a vast criminal scheme in which more than 50 foreign investors were defrauded out of $50 million.
The suit was filed Monday in federal court in West Palm Beach on behalf of more than 50 plaintiffs, all Chinese except for five Iranians. Among the 33 defendants are Palm Beach developer Robert Matthews and his wife, Mia Matthews; Gerry Matthews, who is Robert Matthews’ brother; Ryan Black; Joseph Walsh; Joseph Walsh Jr.; and Palm House attorney Leslie Evans and his Palm Beach law firm.
The plaintiffs seek monetary damages, a court order freezing what remains of their investments, and dissolution of the limited partnership and any other entities involved with the alleged scheme.
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