Wednesday, December 25, 2013

Robert Divine joins list of lying former DHS emmployees who seem to have sold their souls in the process of joining frauds who cheat EB-5 visa investors for a living!

Most EB-5 visa investors are already familiar with the ICE memo recommending that ALL regional centers be shut down due to fraud (see link to the ICE memo at ICE recommends shutting down ALL regional centers! ). It is possible that I or a few journalists or a few Senators could be biased, but when the biggest investigative agency of DHS makes that recommendation, it is done after a lot of objective analysis of raw data that was studied impartially and neutrally. I read an article by Mr. Divine that is designed to mislead EB-5 visa investors. I need to give credit to Mr. Divine that he at least disclosed in advance that he now depends on regional centers to earn his living, unlike the less than candid Kyle Walker of Green Card Fund, who actually tried to blatantly mislead folks on LinkedIn and even EB-5 visa investors.

Anyway, let's not digress, as we need to ask ourselves if Mr. Divine seems to be out of touch with reality. (See )

Perhaps Mr. Divine can shed some light on the fact that those who apply for EB-5 visas usually get their permanent green card less than 42% of the time. After all, he claims to have been in a high position in the USCIS, so he surely had access to those numbers, and he needs to explain it to us. Perhaps Mr. Divine can also explain why is it that a vast majority of EB-5 visa investors who choose regional centers usually experience capital loss and usually earn annual returns of 1% or less. Or maybe he can choose to explain why is it that pretty much every single regional center has violated securities laws, committed securities fraud AND laundered money. I would actually be shocked and surprised to see any regional center step forward and voluntarily identify themselves as NOT having violated securities laws and not having committed securities fraud and money laundering. There are about 400 regional centers, so I'm sure at least 1% of them may feel like stepping up and claiming that they never violated securities laws, never committed commit securities fraud and have never laundered money. Or does Mr. Divine wish to explain away the shady regional centers that actually laundered MILLIONS of DOLLARS and cheated HUNDREDS of EB-5 visa investors? I'm referring to those regional centers that have used the services of Brian Su, Greenberg Traurig, etc. as well as those regional centers that have laundered funds for mob bosses who masquerade as businessesmen, and Chinese mobsters and corrupt politicians in California who have left a paper trail a mile wide.

The fact is Mr. Divine is a liar serving his pay masters, and ICE-HSI was right in recommending that ALL regional centers need to be shut down, because not even 4 out of over 400 regional centers can honestly claim to have NEVER violated securities laws, committing securities fraud and laundering money, and those figures are indisputable. As you're the VP of the IIUSA (which is the trade association of regional centers), I challenge you to join me in pick 4 random regional centers out of a list of 20 regional centers who've been operational for 2 years or more and are willing to submit themselves to a brief audit, and I can tell you that I can prove it within 10 days of audits for each of them that they actually laundered funds, committed securities fraud and violated securities laws. This is an excellent opportunity to prove that regional centers are clean, and if I am wrong, I will burn my CFE credentials, and if I am right, I suggest Mr. Divine burn his law license.

EB-5 visa investors need to remember that Regional Centers are the worst choice due to the fact that they usually engage in securities fraud, money laundering, conflict of interest and securities law violations, and even the ICE says (see link ) that all regional centers need to be shut down as NOTHING can be done to eliminate the fraud that pervades through regional centers.

IT IS VERY HARD TO EARN MONEY AND VERY EASY TO BURN MONEY. A Genuine Direct Investment Business is the SAFEST, FASTEST and usually most PROFITABLE way to get an EB-5 visa. 
A Genuine Direct Investment Business has the following characteristics:
It is 100% owned and controlled by the investor. This eliminates conflict of interest and significantly reduces the possibility of fraud. Even ICE, USA's biggest investigative agency says that all Regional centers usually commit fraud, conflict of interest and violations of securities laws (see ICE recommends shutting down ALL regional centers.)
It is in either a premium franchise such as Five Guys / KFC / Hertz etc. or in a solid non-franchise business such as banquet hall, used car lots, etc. If the business is a risky franchise such as Voodoo BBQ, Marcos Pizza, etc., it is unsafe. A franchise is suitable for investment only if it is on a major bank's list of approved franchises AND features in a list of top performing franchises (see ) AND is recommended by an experienced business broker who owes a fiduciary duty to the EB-5 visa investor. Most franchises are unsuitable for EB-5 visa investors due to their inability to PROFITABLY generate 10 jobs. 
It is easily saleable in the open market. For example, it is easy to quickly sell off a Five Guys or KFC Franchise in the open market, while there is no market for partnership or regional center securities, risky franchises such as Marcos Pizza / Voodoo BBQ / Twistee Treat, etc. due to which EB-5 visa investors are stuck for 5-9 years and have to PAY to sell their share. 
What are the advantages of choosing a Genuine Direct Investment Business to get the EB-5 visa?
The EB-5 visa investor gets FULL control and ownership of their business and corporate funds. This helps  eliminate conflict of interest and fraud, and results in higher earnings and capital gains.
The EB-5 visa investor usually earns 20-35% Returns annually, while regional centers offer measly returns of 1% and some partnerships are now known to offer returns of up to 5%, but have capital losses on exit.
The EB-5 visa investor usually earns solid capital gains of over 30% after 3 years, while those who invest in risky franchises, partnerships and regional centers usually end up with capital losses.
The EB-5 visa investor has an easy exit strategy and can sell their business (usually for a profit) as soon as they get their permanent green card (I-829 approval),  while risky franchises, partnerships and regional centers lock in funds for 5-9 years.
It takes about half the time to get the I-526 approval (temporary green card) using a Genuine Direct Investment Business in comparison to regional centers.
Genuine Direct investment Businesses are usually able to help the EB-5 visa investor get their I-829 approved, whereas less than half of the EB-5 visa investors who chose regional centers, partnerships and risky franchises were able to get their I-829 approved.
There is usually no conflict of interest and fraud seen in a Genuine Direct Investment Business, whereas there is usually extensive conflict of interest and fraud to be found in regional centers, partnerships and risky franchises. An excellent example is how Joe Sloboda and Fred Burgess sold Voodoo BBQ franchises to EB-5 visa investors without disclosing the fact that they were the master franchisors and earned money on the back end.
EB-5 visa investors should avoid those who refuse to guarantee the following:
1.    Full and ongoing disclosure of all material information.
2.    Freedom from fraud and conflict of interest.
3.    Full refund of your fees in case you’re rejected by USCIS.
If you're an EB-5 visa investor interested in getting their EB-5 visa quickly, please contact us. You'll be really glad that you did.
Yours truly,
Mohammed Shaikh, Licensed RE and Business Broker (CA & FL)
Phone: +1 407 535 0616 Online:  Skype: Mohammed.Shaikh

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