- August 22, 2019 | 5 min read
Associates of EB-5 fraudster challenge receiver’s bid to sue them
- Posted on April 16, 2020 | Updated on April 17, 2020 | 5 min read
The SEC had secured judgments against regional center owner Tim Henderson for misappropriating EB-5 money. The receiver for that estate is now trying, for a second time, to sue three partial owners of Berkeley Healthcare Dynamics, a company under its receivership control. The SEC did not charge the trio when they charged Henderson; thus, the owners argue the receiver’s lawsuit has no merit. Henderson, from 2010 to 2016, collected $115 million from EB-5 green card investors for seven projects.