Developer Barred From EB-5 Program After SEC Alleged Fraud

By Rae Ann Varona · August 17, 2022, 3:59 PM EDT

A developer accused of defrauding foreign investors out of $14.5 million has been permanently banned from participating in the EB-5 program, but a Washington federal judge won't make the developer pay prejudgment...

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Documents

Order

Case Information

Case Title

Securities and Exchange Commission v. Chen et al

Case Number

Court

Washington Western

Nature of Suit

Securities/Commodities

Date Filed

March 15, 2017

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