USA v. Sethi
Case Number:
1:14-cr-00485
Court:
Nature of Suit:
Firms
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February 21, 2017
EB-5 Fraudster Sentenced To 3 Years In $160M Scheme
A Chicago-area man who admitted to defrauding Chinese investors out of $160 million through the federal government's EB-5 visa program in a scheme prosecutors said was the largest EB-5 fraud to date was sentenced to three years in prison Tuesday.
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December 12, 2016
EB-5 Fraudster Urges Ill. Judge To Bypass Prison Time
A Chicago-area man who pled guilty to charges he used the EB-5 visa program to persuade nearly 300 Chinese nationals to invest nearly $160 million in a fake convention center and hotel project near the city urged an Illinois federal judge Friday not to sentence him to prison.
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November 28, 2016
Gov't Seeks Up to 8 Years In Prison For EB-5 Fraudster
Prosecutors have asked an Illinois federal judge to sentence a Chicago-area man to between six and eight years in prison for swindling nearly 300 investors out of $160 million through the government's EB-5 visa program, calling it the largest fraud involving the program to date.
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November 18, 2016
Man Convicted In $160M Visa Fraud Hopes To Avoid Jail
Attorneys for a Chicago man who pled guilty to defrauding a group of Chinese investors out of nearly $160 million asked an Illinois federal judge not to sentence him to prison, portraying him as an ambitious but inexperienced young man taken advantage of by advisers.
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June 24, 2016
Chicago Co. Files For Bankruptcy Amid $160M Visa Fraud Case
A Chicago company at the center of a $160 million scheme to defraud a group of foreign investors with a fake convention center project filed for bankruptcy Thursday as the company and its leadership face financial penalties from regulators and a related criminal case.
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January 12, 2016
Chicago Man Pleads Guilty To $160M Visa Scheme
A Chicago man faces 20 years in prison after he pled guilty Tuesday to charges he used a U.S. visa program to persuade a group of Chinese nationals to invest nearly $160 million in a fake convention center and hotel project near the city.