• Skip to navigation
  • Skip to content
Print-logo
  • Home
  • Projects
  • about
  • blog
  • Newsletters
  • Categories
    • General
    • EB-5
    • Events
    • Projects
    • Fraud
    • Investigations
    • Regulatory
  • Authors
  • Contact
Logo1

90 Chinese Investors Get $49 Mln Back After EB-5 Visa Fraud Charges Settled

Viji Durga  December 17, 2018   comments   Fraud

EB-5 Visa, EB5 Visa, EB5 Investments

I posted an interview four months ago with American immigration consultant Steve D. Albert about what he termed “rampant fraud” in the EB-5 visa program that provides overseas investors with a path to apply for a U.S. permanent residence.

Last week, Chinese investors whose EB-5 investment funds were misused in Texas received some good news from theSecurities and Exchange Commission: The U.S. securities regulator announced on Dec. 12 that three Houston-area developers have agreed to settle charges that they misused investor funds raised from 90 Chinese investors under the EB-5 Immigrant Investor Program on unrelated projects. 

Source:  https://www.forbes.com/sites/russellflannery/2018/12/17/another-look-90-chinese-investors-get-49-mln-back-after-eb-5-visa-fraud-charges-settled/#95295bf6a9bb

Read more by clicking below image 

EB-5 Visa, EB5 Visa, EB-5 Investment

comments powered by Disqus
Subscribe to News
Most Popular News
  • SEC Halts $150 Mio. Ponzi Scheme with ties to EB-5 Regional Center

    SEC Halts $150 Mio. Ponzi Scheme with ties to EB-5 Regional Center
  • The Rise and Fall of South Dakota: A Cautionary Tale for EB-5 Public Private Partnerships Part I

    The Rise and Fall of South Dakota: A Cautionary Tale for EB-5 Public Private Partnerships Part I
  • Former EB-5 Visa Regional Center El Monte Being Investigated

    Former EB-5 Visa Regional Center El Monte Being Investigated
  • Successful Raise: EB-5 Funded Project Closes in Massachusetts

    Successful Raise: EB-5 Funded Project Closes in Massachusetts
  • China EB-5 Visas “Unavailable” for Remainder of FY2014 – What Does This Mean?

    China EB-5 Visas “Unavailable” for Remainder of FY2014 – What Does This Mean?

Most Popular Commentary
  • More Cautions About New EB-5 Policy Changes

    More Cautions About New EB-5 Policy Changes
  • Lessons I Learned From My First EB-5 Capital Raise: A Developer’s Perspective

    Lessons I Learned From My First EB-5 Capital Raise: A Developer’s Perspective
  • Perspectives on New EB-5 Policy Memo: Promise and Possibility

    Perspectives on New EB-5 Policy Memo: Promise and Possibility
  • Publicity and EB-5 Offerings: What on Earth Are You People Doing?

    Publicity and EB-5 Offerings: What on Earth Are You People Doing?
  • EB-5 Regional Center Payments to Chinese Emigration Agents

    EB-5 Regional Center Payments to Chinese Emigration Agents

Contact Us

EB5 News
email:michael@usadvisors.org

Latest Posts

  • Do I Meet The EB-5 Minimum Investment Requirement?December 02, 2020
  • American Dream offers visa residency by investmentDecember 01, 2020
  • Upcoming EB-5 Visa Bulletin for December 2020 & Latest NewsNovember 25, 2020

Follow Us

  • © 2021 EB5News.com All rights reserved.
  • Sign in
  • Sign up
  • Site Map