March 05, 2024
Winter thawed in a Florida courthouse on Tuesday when the last remaining defendant in a nearly decade-long $50 million investment fraud suit agreed to settle the case, surprising the judge and opposing counsel after refusing for years to strike a deal.
May 17, 2023
A Florida attorney said in a hearing Wednesday he will grant access to his emails involved in an EB-5 suit in which a father-son duo is accused of defrauding investors seeking permanent residency in the U.S. out of $50 million, after a Florida federal judge imposed stipulations to the investors' request.
May 11, 2023
The Illinois Department of Revenue must comply with a subpoena for tax returns filed by one of the people accused of operating a visa scam that defrauded foreign investors of nearly $50 million, a Florida federal judge ruled.
April 27, 2023
Yahoo told a Florida federal judge Thursday to toss foreign investors' bid to subpoena emails from an attorney and former general partner of a Florida hotel project, saying the Stored Communications Act bars the company from disclosing emails without the user's consent.
January 21, 2022
A group of 41 foreign investors has asked a Florida federal judge to amend his default judgment against a father and son accused of carrying out an EB-5 visa scam through a Palm Beach luxury hotel project, seeking to increase the award to nearly $89 million from $26.5 million.
November 19, 2021
A Florida federal judge awarded a group of 17 Chinese nationals nearly $37 million in a final default judgment Friday against a father and son duo accused of carrying out an EB-5 investment scam through a Palm Beach luxury hotel project.
September 03, 2021
A group of 20 Chinese nationals told a Florida federal court that they had settled their claims against a law firm accused of helping operate an EB-5 investor fraud scheme through a purported Palm Beach resort project.
February 16, 2021
A Florida federal judge has said a father and son are on the hook for $26.5 million in damages to immigrant investors from China, Turkey and Iran who accused them of carrying out an EB-5 investment fraud through a purported Palm Beach resort project.
February 08, 2021
PNC Bank and one of its retired bankers have reached a settlement with a group of Chinese and Iranian investors who accused them of aiding an alleged $50 million EB-5 immigration investment fraud scheme run through the purported development of a five-star Palm Beach, Florida, resort.
December 09, 2020
A Florida federal judge on Wednesday ordered that a man accused of aiding a $50 million EB-5 investment fraud be sanctioned with the striking of his pleadings and a default judgment for violating court orders and abandoning his defense.