Developer Barred From EB-5 Program After SEC Alleged Fraud

By Rae Ann Varona (August 17, 2022, 3:59 PM EDT) -- A developer accused of defrauding foreign investors out of $14.5 million has been permanently banned from participating in the EB-5 program, but a Washington federal judge won't make the developer pay prejudgment interest as requested by the U.S. Securities and Exchange Commission....

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