SEC Says Couple Can't Escape Claims Of $22.5M EB-5 Fraud

By Kelly Knaub · March 7, 2018, 4:28 PM EST

The U.S. Securities and Exchange Commission urged a California federal court Tuesday not to dismiss its suit against a husband and wife team it claims fraudulently raised $22.5 million from Chinese...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Case Information

Case Title

Securities and Exchange Commission v. Edward Chen et al

Case Number

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

September 20, 2017

Recent Articles By Kelly

January 12, 2018
Investor Claiming Phony EB-5 Project Settles $1.5M Suit
October 05, 2017
T-Mobile Sues Texas City Over Denied Telecom Project
September 07, 2017
Telecoms' $3M Arizona Cable Line Deal Needs More Info
June 29, 2017
Winstead Boosts Texas Offices With 5 New Attys
May 22, 2017
Calif. Atty And Her Father Hit With Suit From EB-5 Investors
April 28, 2017
Idaho Man To Pay Feds $8M For EB-5 Investment Fraud
January 11, 2017
Homeowners' $7M Deal OK'd In Force-Placed Coverage Suit
December 12, 2016
EB-5 Fraudster Urges Ill. Judge To Bypass Prison Time
December 05, 2016
EB-5 Applicants Seek Judgment In Hospital Row
December 02, 2016
El Paso Housing Agency Stifles Competition, Developers Say