SEC charges law firm with EB-5 fraud scheme

2018/10/19 1:00pm

The SEC is accusing an San Jose law firm of running a fraudulent EB-5 scheme.

The attorneys allegedly secured more than $10M in undisclosed commissions, the latest stain on the green card program

The federal government has charged a Northern California law firm with running a fraudulent EB-5 scheme that generated more than $10 million in commission fees from foreign investors.

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