WASHINGTON, Aug. 16, 2017 /PRNewswire/ -- The Wall Street Fraud Watchdog says, "The more we learn about Chinese or European investors attempting to take advantage of the US EB-5 Visa program, the more concerned we are for individual investors. In the last few weeks we have talked to some regional center insiders who told us about some upcoming real estate investment disasters, and we also heard from investors trying to figure out how to get their money back-which by the way is almost impossible.
"Before you invest a dime in a EB-5 Visa Regional Center's too good to be true apartment rental property, hotel or business opportunity please call us anytime at 866-714-6466 and allow us to examine your proposed investment. If you do not want to lose all or a good portion of your EB-5 Visa investment money-please use our very affordable due diligence inspection service. Aside from fearing that most major US metro areas have a glut of luxury apartments, we do not see a huge upside in hotel or restaurant franchises that are poorly located, or that will never break even because the land to build was too expensive." http://WallStreetFraudWatchdog.Com
Recently representatives of the Wall Street Fraud Watchdog visited a hotel property that was built with EB-5 Visa investor money and located in a neighborhood in major metro area in the US Southeast. In this example, the neighborhood was more like a war zone, and the hotel's parking lot was basically empty on weekend days and nights. In another example, a EB-5 Visa investor funded Southern California apartment building had about 10% occupancy in September of 2016 and 10 months later is only 10% occupied. The famous Academy Award winning movie star Paul Newman once said, "If you're playing a poker game and you look around the table and you can't tell who the sucker is, it's you." http://WallStreetFraudWatchdog.Com
Recent EB-5 Visa News:
- Map: Sites of EB-5 Visa Fraud and Folly in the United States: https://cis.org/Map-Sites-EB5-Visa-Fraud-and-Folly-United-States
- Victims of alleged U.S. visa fraud sue to get their money back: www.latimes.com/local/lanow/la-me-visa-fraud-victims-20170520-story.html
- According to the SEC, "With this rise in investments, and corresponding rise in fraud, EB-5 investors should complete their own due diligence before investing in any EB-5 project or regional center."
The Wall Street Fraud Watchdog is deeply concerned US based law firms with offices in China, Central America, the Middle East or in Europe could be more interested in legal fee generation for the law firm-than a high quality outcome for a EB-5 Visa applicant. At the same time law firms in some instances are representing a EB-5 Regional Center and an individual EB-5 investor at the same time. The group is also extremely concerned the regional center and the investment, the broker, and the developer are all one in the same especially for Chinese investors. Bottom line, the Wall Street Fraud Watchdog is not confident all EB-5 Visa Regional Centers have a make sense investment product for the EB-5 Visa applicant/investor.
The Wall Street Fraud Watchdog's initiative is all about protecting the EB-5 Visa program applicant/investor and their money with their affordable investment due diligence and inspection services. For more information related to investment due diligence report for a potential EB-5 Visa investor, please contact the Wall Street Fraud Watchdog anytime at 866-714 6466. http://WallStreetFraudWatchdog.Com
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SOURCE Wall Street Fraud Watchdog