Seventy-eight Chinese investors have filed a complaint against Nicholas Mastroianni II, alleging the Jupiter developer and EB-5 fundraiser attempted to defraud them of almost $100 million in EB-5 investments.
According to a lawsuit filed in Palm Beach County Circuit Court last week, the investors in question paid $500,000 each – in addition to a $40,000 administrative fee – for a stake in Jupiter’s Harbourside Place.
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