EB-5 regional centers, where wealthy foreign nationals invest funds to obtain U.S. green cards, missed a congressional deadline for renewal last week. This looks like the end at last, or is it? The scandal-ridden program (read about typical swindles he…
EB-5
America’s cash-for-visas program known as EB-5 isn’t faring well these days. Though exempt from President Donald Trump’s COVID-related restrictions, EB-5 regional centers that collect immigrant investment money for job-creating ventures and green cards…
As if the fraud-ridden EB-5 cash-for-visas program didn’t have enough bad publicity, now comes a couple of Chinese nationals who, according to government investigators: Engaged in a phony marriage scheme to obtain U.S. visas Embezzled $2.2 million from…