50 Million Dollar Visa Fraud Operation Seized in Los Angeles

On April 5, 2017, federal agents searched areas within the Los Angeles area that were lead to be connected to a 50-million-dollar visa fraud operation that gave Chinese citizens, including fugitives from the law, the opportunity to secure green cards for permanent residency in the United States. This investigation had been going on for several years leading up to this moment. This operation was focused around the EB-5 program that offers foreigns a quicker way to receive a green card. Chinese families whom are wealthy make up most of the programs participants because the family must invest 500,000 dollars into a development project in an area of high unemployment that creates a minimum of 10 jobs. Miriam Jordan, the author of the article states, “According to a 113-page affidavit filed by the F.B.I. in support of the search warrants, a lawyer identified as “Victoria” and her father, “Tat,” both Chinese citizens, conceived the scheme in 2008, using a business called the California Investment Immigration Fund. They offered wealthy Chinese the opportunity to obtain a green card under the EB-5 visa program by investing in cultural center, hotels and restaurants.” This investigation article uses sources like the Department of Homeland Security, the affidavit filed by the F.B.I., and used facts about the EB-5 program to back up her knowledge of what the investigation has evolved around. Even though no arrests were made, computers and other financial papers were taken from the office of the accused. Read the entire story here.