What is the recognition of CFA franchise by the Securities and Exchange Commission (SEC)?

20 12 according to the us immigration service, Chinese immigrants are the second largest immigrant group in the United States. As a domestic EB-5 investor, how to judge the authenticity and reliability of the EB-5 project in the United States and avoid the situation that the funds are cheated and the green card is in the foreseeable future?

First of all, investors should be clear about the clear stipulation of EB-5 immigrants in the American immigration law: the funds of overseas applicants must be invested in projects with certain risks, so investors should find professionals to conduct due diligence on the background, business model, cost and tax, investment structure framework and so on before investing in a project. Reasonable selection of projects after comprehensive investigation by all parties can reduce investment risks and improve the success rate of resettlement.

First of all, senior project evaluation experts from Guan Hui will review with you several EB-5 fraud cases prosecuted by the SEC of the US Securities Regulatory Commission in the past few years:

1. EB-5 Investment Immigration Project of Chicago Convention Center. The regional center involved is "Chicago Intercontinental Regional Center Trust Co., Ltd.", and the organizer is Indian American Anshoo Sethi. The date of public prosecution is February 8, 20 13. The project is suspected of deliberately exaggerating the budget and misleading investors. The total amount of EB-5 fraud is $654.38 million+56 million.

2.USA Now LLC EB-5 project, the regional center involved is "USA Now Regional Center LLC", which is headed by marco ramirez and Beibei Ramirez, an American. The date of public prosecution is 2065438+September 30, 2003. The project is suspected of Ponzi scheme, and the funds were taken away without the permission of the investor. The amount of EB-5 fraud involved is $5 million.

3. Chinese American (Michael) Wang and many other companies. Michael Wang is also the organizer of the Velocity Regional Center. Date of public prosecution: 20 13 10 10/5. The project is suspected of manipulating Ponzi scheme, and the total amount of fraud involved is $6543.8+$500 million, of which the proportion of EB-5 funds is unknown.

4. Korean-American citizens, lawyers Justin Lee and many other companies. Justin Lee is also the organizer of two regional centers, Kansas Biofuels Regional Center and Southwest Biofuels Regional Center. The date of public prosecution is September 3, 20 14. The project is suspected of providing false information to investors and diverting funds for non-agreed purposes without the permission of investors. EB-5 fraud involves an amount of $65,438 +0 1.5 million.

5. Luke International Group Energy EB-5 Project. The two regional centers involved are the Lucca Energy Fund regional centers in Texas and Louisiana. Yang Bingqing, the organizer, is from China and holds an American green card. The date of public prosecution is 2065438+July 6, 2005. The project is suspected of Ponzi scheme, and the funds are used for personal consumption without the permission of the investor. The amount of EB-5 fraud involved was $68 million.

6. Los Angeles Proton Therapy Cancer Center (LACPTC) was established by Pacific Proton Therapy Regional Center (Pacific Proton EB-5 Fund). Beverly proton center co., ltd. ) 20 16 On June 2, the US Securities and Exchange Commission announced that it had filed fraud charges against Charles C. Liu and Xin "Lisa" Wang, directors of the center. Sue a bunch of couples for fraud, demand to freeze assets, and accuse them of misappropriating the funds of EB-5 investors, with a design amount of 27 million US dollars.

In the past three years, the US Securities Regulatory Commission has been strongly involved in the investigation of EB-5 investment immigration projects, intensified the regulatory crackdown, and set off an unprecedented storm of anti-fraud law enforcement. For domestic investors, the fraud in EB-5 investment immigration project can actually be found from several aspects:

1, the project budget is extraordinary.

The basic development and operation conditions of the project, such as land area, development cost and production and operation scale, largely determine the budget scale. The normal budget can fluctuate within a certain range, but there is a problem beyond a reasonable range. Investors can check the average development cost of projects around the same region in the United States online, and simply calculate it to know whether the budget of this project is obviously over the standard. If the budget is analyzed, it is believed that the authenticity of the project will be judged soon.

2. Exaggerate the expected benefits of the project.

The expected income of a project is related to the market situation of the industry, the management experience of developers and even the macroeconomic environment and policies, so it is not easy to judge the expected income of a project. In order to attract investment, if the project party is too optimistic about the expected income, even far exceeding the historical peak of the same industry, investors need to maintain a high degree of vigilance, high income = high risk, and this high risk also means that the possibility of fraud increases.

3. Concealing bad business performance

Investigating the past business performance of a project is an effective preventive measure to avoid fraud, and a safe project is defined by excellent business performance. The better the business situation, the less likely it is to be faked.

4. Hide the background information of the regional center

Since its establishment, high-level regional centers usually run many similar projects, keeping good records in I-526 and I-829. There are many successful cases, and even the early projects have been sold or refinanced, reaching the repayment stage. However, concealing the personal reputation and history of the organizers of the regional center will also increase the risk of the project.

Guan Hui reminded investors to attach great importance to the warning signs of investment fraud and not to be guaranteed a permanent green card; Guaranteed repayment and stable high return on investment. And unregistered investment; Unauthorized sellers of investment projects; A team plays the role of regional center, project party and intermediary company. And the division of responsibilities is not clear, and the flow of EB-5 investment funds is not clear.

American EB5 investment immigration is risky, but with the intervention of relevant law enforcement departments such as the US Securities Regulatory Commission, the whole market is becoming more and more standardized and regulated, and the survival of the fittest in regional centers and projects should be good for overseas investors.