"Trouble at Jay Peak: SEC v. Ariel Quiros - The suit is perhaps the most high-profile case to date regarding the EB-5 visa program, which gives green cards to immigrants who invest $500,000 and create new jobs in the U.S. But the suit is far from the only...
GAO, Sept. 13, 2016 - "GAO recommends that USCIS develop a fraud risk profile that aligns with leading practices identified in GAO's Fraud Risk Framework. The Department of Homeland Security concurred with GAO's recommendation."
Cyrus D. Mehta and Anand G. Sinha, July 18, 2016 - "One does not need a degree in public policy or law to understand the basic premise behind the concept that the United States ought to make the attraction of the best and brightest individuals a paramount...
Angelo A. Paparelli, June 24, 2016 - "Several widely-publicized actions by the Securities Exchange Commission (SEC), and the inevitable litigation that has piled on in consequence, have pressure-tested the EB-5 ecosystem and found it defective. Simply stated...
Cornell Law professor Stephen W. Yale-Loehr , co-author of the 'bible' of immigration law, Immigration Law & Procedure , recently commented on challenges to the EB-5 investor visa program: "Yale-Loehr acknowledged that there are opportunities for...
China Daily USA, Mar. 29, 2016 - "The EB-5 program received applications from 17,691 investors in 2015, up from 11,744 in 2014 and 6,554 in 2013, according to the US Citizenship and Immigration Services (USCIS). "(USCIS) announced last week that the...
China Daily, Mar. 9, 2016 - "Investors from China currently account for almost 90 percent of all EB-5 investors," Stephen Yale-Loehr, a law professor at Cornell University , told China Daily. ... Originally, few people immigrated to the U.S. using EB...
Kathleen Pender, Nov. 4, 2015 - "Sen. Dianne Feinstein has called for an end to the controversial EB-5 regional center program that lets foreign nationals get green cards for themselves and their families if they invest at least $500,000 or $1 million in a...
Scott Kraus, Morning Call, Oct. 31, 2015 - "If it is done correctly it is a four-way win," said Yale-Loehr, who founded Invest In the USA, a trade association that promotes the EB-5 program. "We get new jobs for U.S. workers; No. 2, those jobs are...
Payments to Unregistered Persons SEC Approves Consolidated FINRA Rules 2040 (Payments to Unregistered Persons) and 0190 (Effective Date of Revocation, Cancellation, Expulsion, Suspension or Resignation), and Amendments to FINRA Rule 8311 (Effect of a Suspension...
"]T]he U.S. Securities and Exchange Commission (SEC) issued a Cease and Desist Order ( the “Order” ) against two related companies for acting as unregistered broker-dealers in connection with the sale of securities under the “EB-5” Investor Program ( also...
"The Securities and Exchange Commission (the “Commission” or “SEC”) has become increasingly active in enforcing alleged violations of U.S. securities laws arising under the EB-5 Immigrant Investor visa program. EB-5 transactions — which are designed to result...
"A recent suit alleging that some EB-5 applications were improperly delayed based on a regional center's ties to Iran may be a harbinger of increased litigation over the program, spurred by growing scrutiny of the visa category and a policy landscape that...
"U.S. Department of Homeland Security Secretary Jeh Johnson asked lawmakers this week to consider several key changes to the EB-5 immigrant investor program, according to a letter obtained by Law360, as the program is eyed for reauthorization before it expires...
"Asian Americans Advancing Justice – Los Angeles (Advancing Justice – LA) and Latham & Watkins LLP filed suit on behalf of 11 Filipino workers at L’Amande French Bakery, who were fraudulently lured by their employer to the United States on E-2 visas and...