December 4, 2013
It is starting to look like Watergate all over again, on a smaller scale, in the South Dakota EB-5 scandal.
The national EB-5 investor-visa program grants green cards to aliens (and their families) who have placed half a million dollars in certain USCIS-approved, but not guaranteed, investments; a lot of EB-5 money has disappeared in South Dakota.
Some of the well-connected lesser functionaries of the party in power in that state were bending if not breaking the law regarding these moneys, the investigative machinery of state government is somewhere between constipated and compromised, and the local press is having a field day. Read more...