SENTENCING OF DEFENDANT IN FIRST EB-5 SECURITIES FRAUD PROSECUTION NOW SET FOR JANUARY 12, 2017 UPDATE: After more than two years, the end is in sight for the $160 Million EB-5 securities fraud indictment brought by the US Attorney in Chicago in the widely-publicized “Chicago Convention Center securities…
Some lawmakers believe that the EB-5 Program, has become plagued with fraud and abuse, and is in need of reform. To address this concern, on Friday, September 9, 2016, U.S. Representative Bob Goodlatte, chair of the House Judiciary Committee, released a draft EB-5 reform bill. The bill contained…
Some lawmakers believe that the EB-5 Program, has become plagued with fraud and abuse, and is in need of reform. To address this concern, on Friday, September 9, 2016, U.S. Representative Bob Goodlatte, chair of the House Judiciary Committee, released a draft EB-5 reform bill. The bill contained…
Introduction The EB-5 visa is eligible to immigrants who make investments that create jobs for the American economy. “Regional centers” seeking investors for their EB-5 projects need to understand that raising capital from investors likely involves issuing securities to those investors, and such programs are therefore subject to…
If your company is not public and plans to raise capital, you might have considered Regulation A Plus – and you are aware that it comes with a big warning sticker: the company needs to prepare an offering circular and go through an SEC approval process. That sounds…
If your company has decided to take advantage of the new avenues for reaching investors under Regulation A, the biggest task you face will be preparing an offering statement that includes mandatory disclosures about the offering and the offeror, and obtaining Securities and Exchange Commission (SEC) qualification through…