Calif. Couple Charged With EB-5, Identity Fraud

By Darcy Reddan (October 20, 2017, 7:35 PM EDT) -- A California couple has been indicted on visa fraud and identity theft charges for allegedly swindling the federal government by faking investment forms and creating phantom employees to create the illusion that their companies were viable entities under the EB-5 program, the U.S. Department of Justice announced Thursday.

Jennifer Yang and Daniel Wu allegedly defrauded the government from 2009 to 2016 through the EB-5 visa program by creating four companies and receiving at least $4 million from seven foreign investors. Yang and Wu allegedly classified the companies as new commercial enterprises and created fake I-9 forms for people that were not...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!