Extensive Reuters EB-5 Investigation Quotes Latour and Gibson

Folks, a few weeks ago I was interviewed extensively both on and off camera by Reuters reporters doing a comprehensive investigative piece on the EB-5 Immigrant Investor Visa.  My good friend Michael Gibson, along with a number of other attorneys and principals in the EB-5 sector, were also interviewed.As happens with investigative journalism, the several hours of interviews they had with me were reduced to a few quotes.  I want to address one quote in particular, lest it is taken out of context.  In extensive Q & A regarding the enforcement roles of the SEC and USCIS, I expressed repeatedly that I believe that USCIS was doing a solid job of adjudication and, after prior INS failures, had established substantial domain expertise on the visa via their EB-5-dedicated unit …

Senators Kerry and Lugar’s Proposed New EB-5: Fundamental Problems

Greetings…and my apologies for my recent silence!  Since returning from Dubai last month things have been quite hectic: lots of clients coming and going, my annual monastic retreat to Massachusetts (heaven sent and much needed this year) and, sadly, my 88 year old mother had a bad fall earlier this week.  (She didn't break anything and is recovering well, thankfully.)As a result of all this, the newspaper clippings and online snippets I collect continuously to share with you have been accumulating!  Other commentators long ago have discussed the Wall Street Journal editorial from – gads – October 12, but it is important enough for me to tell you about it.  The piece, entitled "A Visa for Job Creators", borders on the simplistic for those of us who live …