15 Apr
by Foster, on News
The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Vermont-based ski resort and related businesses allegedly misusing millions of dollars raised through investments solicited under the EB-5 Immigrant Investor Program. The SEC’s case was unsealed today in federal court in Miami, and the court […]
SIOUX FALLS, S.D. — South Dakota’s attorney general has filed criminal charges against a former state official in connection with a troubled program that aimed to attract investment dollars from wealthy immigrants in exchange for easier entry into the United States. Here is a quick rundown on the allegations and […]
By Eliot Brown A controversial federal immigration program offering green cards to some foreign investors had record demand in 2015, as concern that a key provision of the law might expire fueled a surge of aspiring immigrants. The program, known as EB-5, received applications from 17,691 investors in 2015, up […]
18 Mar
by Foster, on News
WASHINGTON — The easiest way to gain entry into the United States is not to walk across the border in the dead of night. It is to write a check. A visa process enacted by Congress in 1990 to create jobs and pump billions of dollars into the economy has […]
