The U.S. Securities and Exchange Commission\u2019s Office of Investor Education and Advocacy and U.S. Citizenship and Immigration Services are jointly issuing this Investor Alert to warn individual investors about fraudulent investment scams that exploit the Immigrant Investor Program, also known as \u201cEB-5.\u201d<\/p>\n
The U.S. Securities and Exchange Commission\u2019s (\u201cSEC\u201d) Office of Investor Education and Advocacy and U.S. Citizenship and Immigration Services (\u201cUSCIS\u201d) are aware of investment scams targeting foreign nationals who seek to become permanent lawful U.S. residents through the Immigrant Investor Program (\u201cEB-5\u201d). In close coordination with USCIS, which administers the EB-5 program, the SEC has taken emergency enforcement action to stop allegedly fraudulent securities offerings made through EB-5.<\/p>\n