SEC Says Oil Co. Targeted EB-5 Investors In $68M Scheme

By Bonnie Eslinger (July 6, 2015, 10:24 PM EDT) -- The U.S. Securities and Exchange Commission on Monday accused a Bay Area oil and gas company and its CEO of running a $68 million "Ponzi-like" scheme that targeted the Chinese-American community and Chinese nationals hoping to get a green card by making investments in the U.S....

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