SEC Wins Injunction In Calif. EB-5 Fraud Scheme Suit

By Martin O'Sullivan ( March 24, 2017, 12:52 PM EDT) -- A California federal judge has granted a bid by the U.S. Securities and Exchange Commission for a preliminary injunction against an Oakland businessman accused of misusing funds from $107 million he raised from Chinese nationals through the EB-5 immigrant investor program....

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