SEC Says Developer Pulled EB-5 Funds From Nursing Homes

By Alyssa Aquino · April 12, 2024, 5:18 PM EDT

The U.S. Securities and Exchange Commission accused a Las Vegas developer of using $10 million raised by overseas investors hoping to immigrate to the U.S. to pay down a loan for...

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Documents

Complaint

Case Information

Case Title

Securities and Exchange Commission v. Azarmehr et al

Case Number

Court

Nevada

Nature of Suit

Securities/Commodities

Date Filed

April 11, 2024

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