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

  1. October 07, 2015

    Developer Can't Unfreeze Bank Accounts In $136M EB-5 Row

    A Washington federal judge on Tuesday denied a bid by a real estate developer and his affiliated companies to lift a freeze on business bank accounts in a $136 million EB-5 fraud case brought by the U.S. Securities and Exchange Commission, while granting the agency's request for a preliminary injunction.

  2. October 02, 2015

    EB-5 Investors Plead To Intervene In $136M Visa Fraud Case

    A group of foreign residents who sought to obtain green cards by each investing $500,000 with companies that are now facing fraud claims in a $136 million lawsuit moved on Thursday to intervene in the case, asking a Washington federal court to order that their money be returned.

  3. September 24, 2015

    SEC Dubs Bid To End Bank Freeze 'Desperate' In EB-5 Row

    The U.S. Securities and Exchange Commission on Wednesday slammed a bid by a Washington state developer and his affiliated companies to unfreeze business bank accounts in a $136 million case over alleged EB-5 scheme, calling the move "desperate."

  4. September 22, 2015

    Developer Begs For End To Bank Freeze In $136M EB-5 Case

    A prominent developer and other defendants in the U.S. Security and Exchange Commission's $136 million lawsuit over an alleged EB-5 visa scheme asked a Washington federal judge Monday to lift a freeze order on all business bank accounts, saying it's causing "great and irreparable harm to all, including the EB-5 investors."

  5. August 25, 2015

    SEC Scores TRO In $136M Wash. EB-5 Fraud Case

    The U.S. Securities and Exchange Commission has secured a temporary restraining order from Washington federal court to freeze the assets and activities of two Washington state regional centers that allegedly raised $136 million in a fraudulent EB-5 visa program scheme.

  6. August 24, 2015

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

    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 citizens who were told the funds would qualify as investments under the EB-5 visa program.