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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 […]

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. […]