April 4 2014

SEC – Chicago

The verdict is in for the SEC’s civil action against A Chicago Convention Center, LCC (ACCC), Anshoo Sethi, and International Regional Center Trust of Chicago (IRCTC), in a fraudulent Chicago-based EB-5 venture. Sethi set up a bogus regional center project and sold $145 million in securities and collected $11 million in...

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March 27 2014

USCIS Processing Times

On the recent stakeholder call, USCIS acknowledged that its posted processing times are not accurate. USCIS said its “average” processing times are: I-526 – immigrant investor – 11 monthsI-829 – removal of conditional residency – 11 monthsCurrently, the USCIS website states processing times as: I-526 – immigrant investor – 9.9 monthsI-829 –...

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March 20 2014

Martin Lawler Speaking

Martin Lawler is a popular speaker at business, law and university conferences, as well as in the media. Here is a list of Martin’s recent speaking engagements: L.A. County Bar Association EB-5 Conference (lead off speaker and on 3 panels) – March 2014 KAZA 1290 AM, San Jose Vietnamese Radio – February...

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March 14 2014

Regional Center Regions

A regional center (RC) is granted a charter by USCIS to develop projects in a region – a territory. It can be small or large, such as a town up to a state. A region’s size may be expanded or contracted. Previously, this involved a protracted application. With the USCIS May...

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March 12 2014

Ho, Ho, Ho

USCIS issued four precedent decisions in 1998 intended to rein in the EB-5 program. One is Matter of Ho. Matter of Ho holds that an EB-5 project must be accompanied by a credible, detailed business plan. Ho says the plan should include: a description of the business, including products and services;...

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