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The Securities and Exchange Commission today announced fraud charges against an Oakland, Calif.-based businessman accused of misusing money he raised from investors through the EB-5 immigrant investor program intended to create or preserve jobs for U.S. workers. The SEC alleges that Thomas M. Henderson and his company San Francisco Regional […]

Washington D.C., Dec. 27, 2016 — The Securities and Exchange Commission today charged a California-based attorney with defrauding investors seeking to participate in the EB-5 immigrant investor program, stealing their money to buy a yacht and prop up his other businesses. The SEC alleges that Emilio Francisco raised $72 million […]

U.S. officials have charged 61 people and groups in connection with an alleged international scheme in which people impersonating IRS and U.S. immigration officials extracted more than $300 million from their victims. Earlier this month, a grand jury in Texas indicted 24 people in eight states in the U.S., 32 […]