This building at Martin Luther King Boulevard and Norton Avenue in Lynwood was supposed to be converted into a nursing home using money from Chinese investors hoping to get U.S. green cards.
For a dozen Chinese investors, the building at Martin Luther King Boulevard and Norton Avenue in Lynwood was supposed to be a ticket to the United States.
A Redlands doctor turned developer promised to use their combined $6 million to convert the former adult day-care center into a nursing home, one that would get the investors green cards through a federal program aimed at boosting foreign investment.
Instead, nearly two years after construction was supposed to be finished, the building remains a tattered shell, walls down to the studs, no windows or doors, and no sign of ongoing work.
Now federal regulators say those and other investors were duped by physician Robert Yang and his associate, Claudia Kano of Pomona, who are accused of misspending funds raised through the EB-5 visa program.
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