Khan & Yau, PC Reliable & Responsive New York City Attorneys

eb-5 fraud Archives

Concerns over EB-5 fraud may lead to revisions or shut down

Hopeful immigrants have access to different visa programs when they are searching for the best fit for their needs. However, there is one that may either be revised or cancelled over allegations of EB-5 fraud or misuse. Many investors currently living in New York have gained their green card through this particular visa program.

Senator Chuck Grassley wants project looked into for EB-5 fraud

An estimated 80 percent of foreign investments into real estate development projects here in New York and throughout the country are provided by primarily Chinese investors. In exchange for these monies, many of these foreign nationals are hoping to qualify for a green card through a visa program. Unfortunately, this particular program has often been investigated for suspected EB-5 fraud.

Some senators want to kill visa based partly on EB-5 fraud

Wealthier immigrants have an option for entry into this country through one visa program in particular. However, that visa program is now facing potential extinction based in part on concerns that EB-5 fraud is widespread. New York has benefited from many projects that were completed through the funding of these investors. 

Businessman's company raided over suspected EB-5 fraud

Many foreign nationals have hopes of wanting to emigrate to this country and are willing to invest in order to do so. Unfortunately, not every investment opportunity is what it appears to be, and there have been several instances of EB-5 fraud allegations. This federal program is available in New York and likely has brought many new projects to local communities, though there may have been fraudulent investments as well.

Considering EB-5 investments in America?

The topic of immigration is definitely controversial. In fact, if you mention it among family or friends, you are likely to incite contentious debates. Opinions vary greatly in New York, from those who believe in doing everything possible to advocate for people who are trying their best to build successful lifestyles in the United States to those whose ideas involve closing America's borders to all non-citizens. Then, there are others who fall somewhere in between when it comes to immigration policy, employment, undocumented versus documented immigrants and other pertinent subjects.

U.S. lawmaker wants to end EB-5 fraud by cutting visa program

In spite of the ongoing national debate regarding immigration, there are still a variety of visa programs that are offered for those who are seeking to come to this country. However, one lawmaker expressed his desire to end EB-5 fraud abuse by revoking this visa program. There are likely many developers and investors living in New York who may have an interest in keeping the program alive.

Man agrees to settlement in case which includes EB-5 fraud charge

The federal government oversees all of the visa programs in New York and the rest of the country, and as a result, it reacts with harsh penalties whenever one is suspected of violating the laws and procedures regarding these visas. One program that seems to sometimes be more susceptible to illegal activity is the one that allows foreign nationals to obtain a green card through investing in real estate projects that provide employment opportunities for U.S. workers. One man has recently agreed to drop his fight against EB-5 fraud allegations.

New light shined on case surrounding EB-5 fraud allegations

In August of last year, the U.S. Citizenship and Immigration Services asked a state bordering New York to provide certain information regarding a visa fraud investigation. The USCIS investigation is said to be the largest EB-5 fraud inquiry in the country's history. Recently, there has been a new twist in the investigation. 

Group offers advice in order to help avoid EB-5 fraud

The United States government offers a variety of visa programs to allow hopeful immigrants an opportunity to make a new life in this country. However, there are also opportunities for misuse of some of these programs. There may be some immigrants here in New York who have fallen victim to EB-5 fraud.

Developer admits guilt in massive EB-5 fraud case

There are many avenues for those seeking to immigrate to the United States, though the process can admittedly be slow and complicated. One type of visa that may be possible for certain hopeful immigrants has recently been the subject of an intense investigation. The man behind the massive EB-5 fraud case is now facing a decade in prison. There are many immigrants living in New York who have used this program to start their lives over.