13 Chinese investors who put their money into the $375 million Solaris project in Vail claim they’ve been defrauded and are suing the developer, Peter Knobel, and his Colorado regional center. The investors say the loan was “rigged” so that they would never get their money back. They also contend that because of the language barrier, they never understood the terms of their contracts.
While the investors received their EB5 Green Cards, their capital was not repaid.
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