The Securities and Exchange Commission today announced an asset freeze obtained against a man in Bellevue, Wash., accused of defrauding Chinese investors seeking U.S. residency through the EB-5 Immigrant Investor Pilot Program by investing in his companies. The SEC alleges that Lobsang Dargey and his “Path America” companies have raised […]
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U.S. Embassy in Mexico City No Longer Adjudicating E Visa Applications
10 Jul
by Foster, on Immigration Updates
The U.S. Embassy in Mexico City has announced that the Embassy will no longer adjudicate E-1 Treaty Trader and E-2 Treaty Investor visa applications in Mexico City. Beginning July 07, 2015, all E-1 Treaty Trader visa applications will be handled by the Consulates General in Monterrey and Tijuana and all […]
SEC Charges Oil Company and CEO in Scheme Targeting Chinese-Americans and EB-5 Investors
7 Jul
by Foster, on News
Washington D.C., July 6, 2015 — The Securities and Exchange Commission today charged a Bay Area oil and gas company and its CEO with running a $68 million Ponzi-like scheme and affinity fraud that targeted the Chinese-American community in California and investors in Asia, including some solicited as part of […]
How can cities pay to build more affordable housing? One answer is money from wealthy immigrants. To build apartments that are accessible to low-income residents, high-rent cities across the country — from San Francisco to Miami — have been tapping funds from EB-5, a federal government program that offers U.S. […]