SEC Says EB-5 Fraud Defense Doesn't Pass 'Red Face Test'

By Kevin Penton · January 24, 2017, 8:54 PM EST

The U.S. Securities and Exchange Commission on Monday again urged a California federal court to bring a quick end to a case alleging a couple misappropriated the majority of $26.9 million...

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Case Information

Case Title

Securities and Exchange Commission v. Charles C. Liu et al

Case Number

8:16-cv-00974

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

May 26, 2016