Homeland Security rejects Vermont's attempt to reopen EB-5 Center

Viji Durga October 01, 2019 comments Fraud

The feds are rejecting Vermont's attempt to reopen the state's EB-5 Center.

The EB-5 program allows foreigners to invest in a development project in exchange for green cards and being put on a fast track for citizenship.

In 1997, Vermont opened its EB-5 Center and projects worth millions flowed through it.

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
Former EB-5 Visa Regional Center El Monte Being Investigated
Successful Raise: EB-5 Funded Project Closes in Massachusetts
China EB-5 Visas “Unavailable” for Remainder of FY2014 – What Does This Mean?

EB-5 investors rush in ahead of looming rules changeOctober 21, 2019
The EB-5 Regional Center Program is extended through November 21, 2019, CMB Regional Centers ReportsOctober 21, 2019
Developer in Front Royal embezzlement scandal claims he was unwitting participantOctober 18, 2019