Thursday 22 March 2018

Greenland-connected entity sues over alleged EB-5 scheme

A Los Angeles lawyer and his one-person firm are being sued for allegedly tricking a financial services company that manages the EB-5 visa program of the $1 billion Metropolis project. An entity tied to Metropolis’ mega-developer, Greenland USA, filed the suit Tuesday in federal district court in L.A. The plaintiff, LA Metropolis Condo I LLC, claims James Krug convinced EB-5 investors and financial services firm A&J Capital that he had taken over management of the […]



source https://therealdeal.com/la/2018/03/21/entity-tied-to-greenland-usa-sues-lawyer-for-alleged-eb-5-scheme-at-metropolis/#new_tab

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