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South Bay pair gamed EB-5 visa program for millions in profit from wealthy investors, feds say

Viji Durga  April 07, 2019   comments   General

EB-5 Visa, EB5 Visa, EB5 Investments

Construction is underway on the Mission Hills Square development in Fremont. The housing and retail project was one piece of a fraudulent scheme by two South Bay residents to profit off of an immigration program that provides a path to citizenship in exchange for investments in American companies, according to federal prosecutors.

It was an extensive plan to take advantage of a controversial immigration program, and federal authorities say that by the time they intervened, the scheme had ensnared hundreds of wealthy overseas clients seeking green cards and netted a South Bay attorney and her ex-husband millions of dollars in illegal fees and commissions.

Source: https://www.mercurynews.com/2019/04/07/pair-gamed-eb-5-visa-program-for-millions-in-profit-from-wealthy-investors-feds-say/

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EB-5 Visa, EB5 Visa, EB-5 Investment

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