November 23, 2020
A Florida federal judge recommended Monday that a son should follow in his father's footsteps by being sanctioned with the striking of his pleadings and a default judgment for violating court orders and abandoning his defense in a suit accusing him of aiding a $50 million EB-5 investment fraud.
September 14, 2020
A group of Chinese investors who claim they were defrauded of investments they made in a now-shuttered Miami Beach hotel with the hopes of securing immigration visas said they remain undeterred despite a Florida federal judge's recommendation Monday for the dismissal of their claims against PNC Bank and developers.
September 15, 2017
A Florida attorney asked a federal court Friday to toss claims filed against him by a mortgage holder on a Palm Beach hotel property at the center of an alleged $50 million securities fraud suit involving the EB-5 visa program, saying no actual harm was alleged.
August 21, 2017
A holder of a mortgage on a Palm Beach, Florida, hotel property at the center of an alleged $50 million securities fraud suit involving the EB-5 visa program filed crossclaims Sunday against a lawyer also named as a defendant in the case, alleging the attorney negligently failed to timely record the transaction.
July 24, 2017
A Florida federal judge on Monday tossed several defendants' bids to dismiss a securities fraud suit brought by a group of foreign nationals seeking EB-5 visas via a botched hotel deal in Palm Beach, ruling that the facts alleged about the "bad actors" in the deal are sufficient for the case to move forward.
January 23, 2017
A group of foreign nationals seeking EB-5 visas who allege they were fraudulently duped into investing $50 million in a botched Palm Beach real estate project asked a Florida federal court on Friday to deny a hotel mortgage holder’s bid to escape the case, saying the holder made the fraud possible.
January 17, 2017
Three companies behind a botched Palm Beach real estate project urged a Florida federal court on Friday to toss a suit brought by foreign nationals who allege they were fraudulently duped into investing $50 million into the project in the hopes of gaining U.S. residency, saying the investors were aware of the project’s risks when they signed up.
January 09, 2017
The holder of a hotel mortgage has told a Florida federal court that it doesn't belong as a defendant in a suit brought by a group of foreign nationals who say a $50 million fraud scheme tricked them into investing in the real estate project in hopes of joining the EB-5 visa program.
November 16, 2016
A group of foreign nationals from China and Iran lodged a suit in Florida federal court Monday alleging a $50 million fraud scheme that tricked them into investing in a real estate project in hopes of being part of the EB-5 visa program.