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EB-5 Lawyer Fraud

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Lawyer for Palm House developer faces up to 230 years in prison for his role in EB-5 fraud

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American EB-5 fraudster, a fugitive living in Nigeria, is behind crime syndicate trying to sell stolen crude oil

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Lawyer sentenced to almost 4 years in prison and ordered to repay $5.9 million for faking job creation in EB-5 fraud

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Auditor of Quiros EB-5 fraud: State of Vermont was in conflict from the start

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SEC wants EB-5 fraudster Liu to pay back almost $21 million in disgorgement

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Court orders two California EB-5 fraudsters to disgorge $20.8 Million, disallows claim of $7.5M in salaries

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Former White House military aide and business partner sentenced 8.5 Years in prison for EB-5 fraud in New Orleans

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Unsealed records: Vermont State knew of rampant EB-5 fraud one year before stopping Jay Peak and other projects

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California developer pleads guilty to defrauding investors, using over $2 million for personal expenses

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Contrary to defendant’s wish, judge says fraudulent developer needs receivership supervision

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Quiros, Jay Peak EB-5 fraud mastermind, sentenced to 5 years for biomedical ‘ghost’ project

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Texas businessman accused of defrauding EB-5 investors argues there is no proof

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Jay Peak, site of biggest EB-5 fraud ever, finally sold — for $76 million

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Disbarred lawyer hit with new investor EB-5 fraud lawsuit

New York pair defrauded EB-5 investors, promised access to politicians, and used investor money to make illegal political donations

Aug 2nd, 2022

Sherry Xue Li and Lianbo Wang have been charged with investment fraud that lasted almost a decade and collected $16.5 million from EB-5 investors for a fake New York school project. The investors were promised access to politicians; as an example, 12 investors paid an additional $93,000 each to attend a Trump fundraiser. Investor money was used to make $600,000 in illegal political contributions; $2 million of investor capital was misappropriated and an additional $2.5 million was used for personal expenses. Li and Wang paid to have fake architectural plans and have minor work done on the project site to give investors the illusion that the project was real.

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