Father-daughter duo accused on $50 million EB-5 scam

Father-daughter duo accused on $50 million EB-5 scam

Federal authorities, on April 5, 2017, raided a business run by a California attorney and her father suspecting them of orchestrating a $50 million EB-5 visa scam. According to the court filings, their company, California Investment Immigration Fund, LLC (CIIF), raised money from more than 100 Chinese investors. Under the EB-5 program, these investors would qualify for U.S. green cards if the business projects created at least ten jobs. However, rather than legitimately investing the funds, CIIF hired high school students to pose as full-time employees for fake projects and used the investors’ money to buy their own personal luxury items, including million-dollar homes, and for other improper uses.



Litigation Cases


  • New York

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