Feds Gag EB-5 $50 million Ponzi-like Fraud Scheme Sliding Confidence in the Judicial Process Down Hill
VT STRONG news – Burlington, VT: VT Digger .org reports 8.23.2019
News organization VTDigger filed a motion to intervene Thursday in a federal case over alleged kickbacks to an immigration lawyer who steered EB-5 investors to Jay Peak Resort projects.
Investors are suing attorney Jianming Shen who allegedly bilked the immigrants for $1.25 million. Shen helped Jay Peak generate more than $50 million in a Ponzi-like fraud scheme.