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Articles Posted in EB-5 Immigrant Visa Program

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Raymond James to Pay $150 Million Settlement Involving Alleged EB-5 Investment Fraud

Raymond James Financial Inc. (RJF) has agreed to pay $150 million to resolve all investor claims involving the Jay Peak Resort’s immigrant visa fraud. The EB-5 scam was created in 2007 by third parties and offered to foreign investors. Although settling, the firm noted in a statement that it was…

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