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Foreigners Funded Houston Development to Get EB-5 Green Cards. They Were Duped, SEC Says


tacobell fan

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Scores of foreign investors in pursuit of U.S. green cards poured nearly $50 million into what they thought was going to be a giant senior housing, luxury residential and retail project in a booming suburb of Houston.

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Uploading the remaining story but SEC filed $51.1 million for the misuse of funds. Lot of people in DB think EB-5 is easy but don’t necessarily know the risks. 

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Just now, tacobell fan said:

Uploading the remaining story but SEC filed $51.1 million for the misuse of funds. Lot of people in DB think EB-5 is easy but don’t necessarily know the risks. 

Got it 

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