SEC Sues Wash. Regional Centers Over $136M EB-5 Fraud

By Allissa Wickham · August 24, 2015, 9:39 PM EDT

The U.S. Securities and Exchange Commission sued two Washington state regional centers, their parent company and reported CEO in federal court Monday, claiming they fraudulently raised $136 million from mostly Chinese...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Complaint

Case Information

Case Title

Securities and Exchange Commission v. Path America, LLC et al

Case Number

Court

Washington Western

Nature of Suit

Securities/Commodities

Date Filed

August 24, 2015

Recent Articles By Allissa

August 10, 2017
The Latest Milestone In EB-5 Enforcement? Prison Time
May 09, 2017
Kushner Uproar Latest Blow To Beleaguered EB-5 Program
May 01, 2017
EB-5, H-2B Provisions Folded Into Proposed Spending Bill
April 20, 2017
In EB-5 Rule Feedback, Higher Investments Spark Outcry
March 31, 2017
3 Ways To Prepare For The EB-5 Regional Center Audits
March 29, 2017
Ill. Court Sides With Gov't In EB-5 Residency Status Row
March 22, 2017
USCIS Rolls Out EB-5 Regional Center Audit Program
March 10, 2017
Foreign Investors Nab Partial Victory In EB-5 Dispute
January 25, 2017
Trump Signs Orders On Wall, Immigration Enforcement
January 18, 2017
EB-5 Update Could Pump The Brakes On Investor Numbers