California lawyer disbarred after EB-5 scam, must forfeit 7 properties worth over $20 million

EB-5 News

In a plea agreement, former lawyer Victoria Chan admitted to defrauding 100 Chinese EB-5 investors who invested $50 million through her. Chan used much of the EB-5 capital to buy luxury homes. In a curious revelation, Chan’s attorney said this: “She never wanted to be a lawyer. This was her father’s vision for her.” Chan, after the disbarment, should be happier now; her father should not.

Law.com story (subscription required)

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