Friday, March 27, 2015

Senator calls for Alejandro Mayorkas to be sacked in EB-5 visa fraud scandal.

Alejandro Mayorkas has long had a reputation for being corrupt, and was quite famous for getting a presidential pardon for Carlos Vignali, a drug dealer convicted for possession of about 400 KILOS of cocaine. He was later found to have unlawfully helped his associates Bill Clinton, Tony Rodham, Harry Reid and Terry McAuliffe (the Willie Brown story about the Bay Area Regional Center hasn't come out yet) in fraudulently obtaining hundreds of EB-5 visas for their investors. Now that the DHS OIG report has been officially released and implicates Alejandro Mayorkas for improperly helping politically influential Democrats unlawfully obtain EB-5 visas for their investors, we are seeing the beginning of calls by the Republicans asking for Mayorkas to be sacked (as he deserves to be fired for aiding and abetting visa fraud, money laundering and securities fraud). The link to the news story is at See link to Senator Grassley's letter at

As Bill Clinton himself helped market GreenTech Automotive for Terry McAuliffe and Anthony (Tony Rodham) while they were committing securities fraud, money laundering, securities law violations AND EB-5 visa fraud, the scandal is going to directly affect Hillary Clinton's campaign. They say a picture is worth a thousand words, so the following pictures disclose the little known aspects of the EB-5 visa fraud scam that Mayorkas had going for the Clintons, Rodham and McAuliffe.

There is zero dispute about the fact that Tony Rodham and Terry McAuliffe illegally offered and sold securities in China, and there is no dispute about the fact that they committed securities fraud, laundered illicit funds AND fraudulently obtained EB-5 visas for their investors. I know that most of the GCFM investors are unable to prove that their source of funds was lawful, and as such, they were statutorily ineligible to receive EB-5 visas. There is no dispute about the fact that had Mayorkas not intervened, most of the GCFM investors would have seen their EB-5 visa petitions denied. In the US, a failure to disclose material facts to investors IS termed as securities fraud. The immediate result of this is that Hillary Clinton's presidential run for 2016 is dead in the water. At present, Jared Polis has introduced a bill (HR 616) to permanently extend regional centers in the EB-5 visa program, and investigators from ICE-HSI, DHS OIG, USCIS FDNS, etc. are strongly opposing this bill due to rampant visa and securities fraud, money laundering and other crimes committed by regional centers as well as national security issues such as the unlawful and fraudulent issuance of the EB-5 visas reported by DHS OIG. 

The legislative impact of this scandal is that the bill to extend the regional center program is dead in the water as it has become a political hot potato, and IIUSA + Greenberg Traurig will again fail to get it passed this year as they failed to get it passed last year. (see the independent bill tracker

The full DHS OIG report is available for review at OIG EB-5 Report March 2015.pdf and EB-5 visa investors can read it to understand that due to the fact that all USCIS employees are actively opposing the extension of the regional center program, and are joined by ICE - HSI, DHS OIG, SEC, IRS - CID, etc., the practical chances for the extension of the regional center program are zero percent and the theoretical chances for the extension of the regional center program are 1%

You can read the DHS OIG report on regional centers at

SEC has also advised EB-5 visa investors to avoid regional centers due to the fact that securities fraud is quite common in the regional center program. See the SEC memo at

In practical terms, this means that those EB-5 visa investors whose petitions were not approved by September 2015 may probably have to re-apply under the Direct Investment Program, and this will significantly help boost the EB-5 visa program by eliminating the fraud and conflict of interest seen in the regional center program. It would also help increase actual employment in the US as opposed to the hypothetical numbers seen in the "indirect employment" model given to regional centers.

The upcoming EB-5 visa stakeholder's conference is expected to show a continuing trend of growing backlog of petitions, very long approval times and increased denial rates for regional center affiliated EB-5 visa petitions as DHS, IRS, ICE, SEC and FBI continue to crack down.
Since 2012, ICE has officially recommended banning regional centers from the EB-5 visa program and actually said "there can be no safeguards that can be put in place that will ensure the integrity of the regional center model." See link at

EB-5 visa investors need to remember that the ONLY safe way to get approved is through Genuine Direct Investment Businesses.

Here are some of the critical reasons that EB-5 visa investors should ALWAYS choose Genuine Direct Investment Businesses and avoid regional centers:
·         In a Genuine Direct Investment Business, it is quite unusual to encounter fraud or conflict of interest. This alone is THE biggest reason why EB-5 visa investors usually experience capital loss if they opt for regional centers or unsafe Direct Investments (such as Voodoo or Marcos Pizza), while those who opt for Genuine Direct Investment Businesses usually NEVER experience capital loss.
·         EB-5 visa investors who choose Genuine Direct Investment Businesses usually earn annual ROI of 15% to 40%, while those who select regional centers usually earn 0-2% annual ROI.
Genuine Direct Investment Businesses offer easy exit strategies to EB-5 visa investors while those who invest in regional centers experience TERRIBLE exit strategies. 
·         Regional Centers usually commit securities fraud and securities law violations while this is usually unheard of in Genuine Direct Investment Businesses. 
·         EB-5 visa investors usually get capital gains if they invest in a Genuine Direct Investment Business and almost NEVER get capital gains if they invest in a regional center. 
·         EB-5 visa investors in Genuine Direct Investment Businesses usually see faster processing and approval of their petitions, while it takes much longer for EB-5 visa investors to get their immigrant visa through regional centers. 
·         EB-5 visa investors in Genuine Direct Investment Businesses have a higher chance of getting their permanent green card, while those who opt for regional centers have a lower chance of getting their green card. 

If you are a business owner or high net worth individual interested in migrating to the US using EB-5 visa or L1A + EB-1C visa, please contact us for a free consultation. We offer a turnkey solution and have a 100% fee refund guarantee if a client is denied due to our fault.

Mohammed Shaikh, MBA (Accounting), CFE, Licensed Business & RE Broker (CA & FL)
Online Phone: +1 407 535 0616

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