A group of nearly 80 Chinese investors have filed suit against Nicholas Mastroianni II, alleging he defrauded them of their EB-5 investments.

Mastroianni founded the U.S. Immigration Fund for EB-5 investment. He’s known to have raised EB-5 funds for a number of major developers, and USIF remains one of the biggest EB-5 service providers.

Source: https://therealdeal.com/miami/2018/10/15/chinese-investors-sue-nick-mastroianni-over-alleged-eb-5-fraud/

Read more by clicking below image