Chinese investors vs California Investment Immigration Fund (CIIF) & Victoria Chan
Views: 3934
Tian Li, Yan Sheng Yang, Jun Jie Zeng | vs. |
Tat Chan, Zheng Chan, Zeng Fang |
Filing Date:March 01, 2018
Case:Chinese investors vs Victoria Chan, Tat Chan, and California Investment Immigration Fund LLC
Jurisdiction:Federal District Court for the Central District of California
Status:Pending
Civil / Criminal:Civil
Fraud
Malpractice
Misrepresentation
Securities Violations
vs. |
Victoria Chan, Tat Chan |
A trio of Chinese investors is suing a California family - attorney Victoria Chan, her father Tat Chan, and mother Zheng Chan, along with Zeng Fang, who ran an entity called the California Investment Immigration Fund LLC, that operated as EB-5 visa intermediaries, accusing them of stealing more than $1.5 million. The three plaintiffs are Tian Li, Yan Sheng Yang, and Jun Jie Zeng. All three live in China. They claim that in 2011 they gave the Chans more than $500,000 each for EB-5 program investments, along with thousands more in fees the defendants allegedly charged, the suit said.
News & Updates
Securities Disclaimer
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.
