EB-5 Investment Broker’s Assets Frozen by SEC

Posted on: November 23rd, 2015
by Greg Siskind
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The Securities and Exchange Commission announced they had frozen the assets of a woman who diverted $1,000,000 of $8.5 million in funds raised to invest in EB-5 projects. The diverted funds were used to purchase a boat and luxury cars, according to the SEC press release on the action.