Category: EB-5

Axing Continues at Deutsche Bank | Vernon Litigation Group

Some of the Biggest Wall Street Financial Institutions Continue Axing Thousands of Jobs Bankers and Financial Advisors for some of the biggest names in Wall Street have been receiving gloomy news for months now. For example, as it has been widely reported, approximately a month ago Deutsche Bank announced massive restructuring and downsizing that will affect approximately 18,000 employees by 2022.  But the layoffs have already begun. Unfortunately, many financial […]

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Corruption Related To EB-5 Appears To Be Rampant

Apr 20, 2018 / EB-5

International investors need to do real due diligence before dropping $500,000 or more on an EB-5 investment.   As evidenced by recent events in Palm Beach County,  the fact that an EB-5 developer appears to be successful and the fact a lawyer is involved in the project are not indicators of success and do not negate real due diligence.   According to recent reports, the Palm Beach County real estate EB-5 project is […]

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Notice to Foreign Investors: HOPE IS NOT A PLAN

Mar 14, 2018 / EB-5

You MUST do PROPER and CONFLICT FREE due diligence on your EB-5 investment if you want to avoid losing your investment and, most importantly, if you want to retain your green card and stay in the U.S. For some more information watch the video below: EB-5 investors need to understand that just because the U.S. Government authorizes a Regional Center or a EB-5 project, it does NOT mean the U.S. […]

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Next Steps for EB-5 Investors in 550 Seabreeze | Los Olas Resort Project

Feb 8, 2018 / EB-5

An EB-5 immigrant investor visa is normally appealing to wealthy foreign individuals seeking a permanent residency in the United States. However, investing in the wrong EB-5 can have catastrophic consequences for investors. This includes the risk of losing the entire investment (which is usually $500,000) as well as losing permanent resident status in the United States. Unfortunately, for the 60 or so foreign investors that invested in the Las Olas […]

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