What to do when Regional Center avoids returning the EB-5 capital after I-829 approval? - EB5Investors.com

What to do when Regional Center avoids returning the EB-5 capital after I-829 approval?

What to do when the Regional Center does not want to return the capital after the I-829 approval? It seems the management is involved in schemes to intentionally redeploy the funds into failing projects where they will be wiped out after foreclosures. They’re doing this to multiple of their projects to avoid paying back hundreds of EB-5 investors. On what basis would a lawsuit be appropriate?

Answers

Lynne Feldman

Lynne Feldman

Immigration Attorneys
Answered on

The litigator would need to review the project documents and determine if valid basis for a lawsuit. The SEC may get involved as well if improper handling of securities.

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