EB-5 News & Updates #191 August 13-20

Posts

A Lot of People are now Choosing to Invest in the EB-5 Immigrant Investor Program
A lot of people from across the world are now choosing to become a part of the EB-5 Immigrant Investor Program to make huge money. Since the EB5 Visa offers foreign nationals a chance to obtain permanent resident status in the...

Updates

Firms Updates
CanAm Enterprises achieves industry-leading milestone by repaying $1.75 billion to 3,500 EB-5 investors
The EB-5 Visa Program was created to attract foreign investment to the US The EB-5 Program has continued to stay relevant as an economic stimulus during difficult times CanAm Enterprises (CanAm), a leading full-service financial firm sponsoring...
User Updates
Quiros admits to federal crimes in EB-5 fraud
Ariel Quiros, center, leaves federal court in Burlington after being arraigned on charges pertaining to the EB-5 fraud case on May 22, 2019.  The accused mastermind of the largest fraud in Vermont history admitted Friday he committed crimes...
Quiros pleads guilty to Jay Peak EB-5-related fraud, faces 8 years
Ariel Quiros listens to remarks during the groundbreaking at the proposed AnC Vermont facility in Newport in May 2015. The plant was never built and prosecutors claimed he simply used the immigrant investor proceeds earmarked for the facility for...
USCIS Funding, Furloughs, and Fee Rule
I pause for a moment to thank all USCIS employees who are at work today. Though I may criticize your results, the very fact of working deserves credit. We appreciate you acting as civil servants, persevering to do your jobs even as furloughs have...
Project Updates
Miami Businessman Pleads Guilty in Vermont Ski Fraud Case
Ariel Quiros, the former owner of Jay Peak and Burke Mountain ski resorts in northern Vermont, changed his plea to guilty on charges of...
Burke Mountain ski area seeks to slash town assessment by 40 percent
Burke Mountain Academy.  An attorney for the management of Burke Mountain ski resort argued Monday that the town of Burke has way...

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