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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 […]