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  1. End fraud-laden visa program for mostly-Chinese investors. By Nolan Rappaport




    © Getty

    Last week, federal authorities raided a Los Angeles-area business suspected of organizing a $50,000,000 visa fraud scheme for Chinese immigrants. Allegedly, the business took money from more than 100 Chinese investors for bogus business projects, allowing them to improperly obtain U.S. green cards. Three of the investors were fugitives wanted by the Chinese government.

    From California to Vermont, fraud is part of the EB-5 Immigrant Investor Program (EB-5 program), established by Congress in 1990.

    The program offers lawful permanent resident status to foreign investors and their families to encourage them to invest in new businesses here that will benefit our economy and create jobs for American workers but the program is rife with complications.

    Has EB-5 achieved its objectives?

    House Judiciary Committee Chairman Representative Bob Goodlatte (R-Va.) observed at a recent March hearing on the EB-5 program that it is “riddled with fraud and abuse and has strayed away from the program Congress envisioned when it created the program decades ago.” The program “is in desperate need of reform.”

    Read more at --
    http://thehill.com/blogs/pundits-blo...mostly-chinese

    Published originally on The Hill

    About the author.
    Nolan Rappaport was detailed to the House Judiciary Committee as an Executive Branch Immigration Law Expert for three years; he subsequently served as an immigration counsel for the Subcommittee on Immigration, Border Security, and Claims for four years. Prior to working on the Judiciary Committee, he wrote decisions for the Board of Immigration Appeals for 20 years. He also has been a policy advisor for the DHS Office of Information Sharing and Collaboration under a contract with TKC Communications, and he has been in private practice as an immigration lawyer at Steptoe & Johnson.




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