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PlaintiffsDefendants

LAN LI, YING TAN, TAO XIONG, JUNQIANG FENG, RAN CHEN, XIANG SHU, HAO LOU, XIANG CHUNHUA et al.

vs.

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South Atlantic Regional Center (SARC)

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United States Regional Economic Development Authority (USREDA)

Joseph J. Walsh

Kevin Wright

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Herischi & Associates

David Derrico

Ali Herischi

JOSEPH WALSH, JR., LLC, JJW CONSULTANCY, LTD., ROBERT MATTHEWS, MARIA A/K/A MIA MATTHEWS, GERRY MATTHEWS, RYAN BLACK, PALM HOUSE LLC et al.

Filing Date:November 14, 2016

Case:LAN LI, YING TAN, TAO XIONG, JUNQIANG FENG, RAN CHEN, XIANG SHU, HAO LOU, XIANG CHUNHUA et al vs. Palm House LLC

Jurisdiction:Federal District Court for the Southern District of Florida

Status:Pending

Civil / Criminal:Civil

Cause(s) of Action:

Fraud

Related to:

Ryan Black

vs.

Gerry Matthews, Palm House LLC

Description:

Plaintiffs are the victims of a $50,000,000 fraud, theft, and conspiracy, in which a web of individuals, primarily based in Palm Beach County, Florida, preyed on foreign nationals desirous of leaving foreign countries, such as China and Iran, to provide their families with the opportunity for a better life in the United States through the EB-5 program.

The Bad Actors conspired to fraudulently induce Plaintiffs to each invest $500,000, plus a $40,000 “administrative fee,” into a purported Palm Beach real estate project, known as the “Palm House Hotel” which, in reality, was nothing more than a façade pursuant to which Plaintiffs’ funds were stolen and distributed among the conspirators.

Files
Nov
17
2016

Suit alleges $50 million EB-5 scheme preying on foreign investors

Suit alleges $50 million EB-5 scheme preying on foreign investors

Suit_Alleges__50M_EB-5_Scheme_Preying_On_Foreign_Nationals_-_Law360.pdf
Nov
17
2016

Investors complaint seeking damages

Investors complaint seeking damages and preliminary and permanent injunctive relief

Palm_House_Complaint_with_exhibits.pdf
Jan
19
2017

Palm House Document - 1

Palm_House_1.tiff
Jan
19
2017

Palm House Document - 2

Palm_House_2.tiff
Jan
19
2017

Palm House Document - 3

Palm_House_3.pdf
Attorneys, Regional Centers and Firms
United States Regional Economic Development Authority (USREDA)Herischi & AssociatesAli HerischiDavid DerricoJoseph  J. WalshKathryn  E ReevesKevin WrightSouth Atlantic Regional Center (SARC)

News & Updates

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 November 16, 2016
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 November 17, 2016
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 November 17, 2016


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