SEC Files Charges Against Texas-based EB5 Scheme

EB-5 Warning: The SEC filed fraud charges against a Texas-based scheme targeting EB-5 foreign investors, including allegations of soliciting investors prior to the approval of the EB-5 regional center by USCIS and failing to hold investments in escrow as required. (See SEC v. Marco A. Ramirez, et al., 30/9/13)