December 14, 2023
Federal prosecutors in Texas have added two former executives at a real estate developer to the list of those charged with scamming Chinese investors out of more than $26 million.
May 16, 2023
A Texas federal judge has approved a $2.5 million settlement with one of many entities connected to real estate developer Timothy Barton, who allegedly raised more than $26 million from Chinese investors by inflating real estate prices and is being sued by the U.S. Securities and Exchange Commission.
November 17, 2022
The U.S. Securities and Exchange Commission's case against Texas real estate developers who allegedly overinflated prices in a scheme that raised more than $26 million from 100 Chinese investors has been stayed while a parallel criminal case plays out, according to a Texas federal court order.