Report: Feds Must Do More to Assess 'Wealthy Investor' Visa Fraud

With three bills now before Congress seeking to overhaul and reauthorize the soon-to-expire EB-5 foreign investment program, which provides a pathway to American citizenship popular among wealthy Chinese citizens, a report this month from the United States Government Accountability Office said the federal agency charged with administering that program must do more to assess fraud risks.

While the GAO report noted that the office of United States Citizenship and Immigration Services has taken measures to deal with EB-5 fraud, it said the agency's current information systems and processes hamper the USCIS from gathering certain information on the program's participants, making it more difficult to identify potential fraud. 

Click on the logo to read more

Like 0 people likes this

Tags

#EB5 #EB-5 #USCIS