It’s never a good thing to have a federal judge order a freeze on your business’ assets. That’s what happened to an Orange County firm that federal officials claim stole money from foreign investors, mostly Chinese citizens, who hoped their cash would lead to...
Three corporate defendants found themselves in a situation where no one wants to be: trying to convince a federal judge they shouldn’t be held in contempt. The August 30 hearing in the U.S. District Court for the Central District of California is the latest chapter in...
An ongoing fraud case involving an apparently fake plan to build cancer treatment center located in Montebello, funded by Chinese nationals seeking to take advantage of the EB-5 visa program, is an example of investment fraud. Normally fleeced investors lose money....
Wealthy Chinese investors must see the U.S. as a good place to put their money and their families. The annual supply of EB-5 immigrant investor visas has been exhausted for the first time in the program’s 24 year history. A surge of applicants from Chinese...
The growing wealth of China and its citizens is resulting in more demand for residential properties in Southern California, according to a story in the Los Angeles Times which cites a report by the National Association of Realtors (NAR). Based on these figures,...
