Li et al v. Walsh, et al

  1. November 23, 2020

    Judge Backs Sanctions For AWOL EB-5 Fraud Suit Defendant

    A Florida federal judge recommended Monday that a son should follow in his father's footsteps by being sanctioned with the striking of his pleadings and a default judgment for violating court orders and abandoning his defense in a suit accusing him of aiding a $50 million EB-5 investment fraud.

  2. September 14, 2020

    Magistrate Pans EB-5 Fraud Case Against PNC, Fla. Hotel

    A group of Chinese investors who claim they were defrauded of investments they made in a now-shuttered Miami Beach hotel with the hopes of securing immigration visas said they remain undeterred despite a Florida federal judge's recommendation Monday for the dismissal of their claims against PNC Bank and developers.

  3. September 15, 2017

    Fla. Atty Says Lender Didn't Allege Actual Harm In EB-5 Row

    A Florida attorney asked a federal court Friday to toss claims filed against him by a mortgage holder on a Palm Beach hotel property at the center of an alleged $50 million securities fraud suit involving the EB-5 visa program, saying no actual harm was alleged.

  4. August 21, 2017

    Fla. Atty Accused Of Negligence In $50M EB-5 Fraud Suit

    A holder of a mortgage on a Palm Beach, Florida, hotel property at the center of an alleged $50 million securities fraud suit involving the EB-5 visa program filed crossclaims Sunday against a lawyer also named as a defendant in the case, alleging the attorney negligently failed to timely record the transaction.

  5. July 24, 2017

    'Bad Actors' Can't Escape EB-5 Investors' $50M Hotel Suit

    A Florida federal judge on Monday tossed several defendants' bids to dismiss a securities fraud suit brought by a group of foreign nationals seeking EB-5 visas via a botched hotel deal in Palm Beach, ruling that the facts alleged about the "bad actors" in the deal are sufficient for the case to move forward.

  6. January 23, 2017

    EB-5 Investors Try To Keep Mortgage Holder In $50M Suit

    A group of foreign nationals seeking EB-5 visas who allege they were fraudulently duped into investing $50 million in a botched Palm Beach real estate project asked a Florida federal court on Friday to deny a hotel mortgage holder’s bid to escape the case, saying the holder made the fraud possible.

  7. January 17, 2017

    Palm Beach Companies Urge Court To Toss $50M EB-5 Suit

    Three companies behind a botched Palm Beach real estate project urged a Florida federal court on Friday to toss a suit brought by foreign nationals who allege they were fraudulently duped into investing $50 million into the project in the hopes of gaining U.S. residency, saying the investors were aware of the project’s risks when they signed up.

  8. January 09, 2017

    Hotel Mortgage-Holder Wants Out Of $50M EB-5 Suit

    The holder of a hotel mortgage has told a Florida federal court that it doesn't belong as a defendant in a suit brought by a group of foreign nationals who say a $50 million fraud scheme tricked them into investing in the real estate project in hopes of joining the EB-5 visa program.

  9. November 16, 2016

    Suit Alleges $50M EB-5 Scheme Preying On Foreign Nationals

    A group of foreign nationals from China and Iran lodged a suit in Florida federal court Monday alleging a $50 million fraud scheme that tricked them into investing in a real estate project in hopes of being part of the EB-5 visa program.