Former EB-5 investor pleads guilty to illegally exporting U.S. technology to China, money laundering, visa fraud

  • Written by GCBI Team Posted on May 13, 2021 | Updated on May 13, 2021 | 1 min read

A former EB-5 investor, Chinese national Shuren Qin, has pled guilty to a host of charges including trying to illegally import underwater technology to a Chinese military university. Qin also lied in his I-829 application to remove conditions of his permanent residency. A government attorney labels him “a national security threat.” Qin’s charges add up to a maximum of at least $2 million in fines and up to 65 years in prison.

See the United States Department of Justice release