Three Immigration Lawyers Sanctioned by SEC for Brokering EB-5 Investment

The Securities and Exchange Commission (SEC) has just published three new decisions in connection with administrative proceedings against two well known immigration lawyers, as well as against a third lawyer. One party has allegedly earned $450,000 in commissions from one EB-5 Offeror alone.

SEC Charges Florida Company with Unregistered Broker-Dealer Activity in EB-5 Investments

Boca Raton-based Ireeco LLC and its successor, Hong Kong-based Ireeco Ltd., made history Thursday by being the first to be charged with unregistered broker activity in the EB-5 Immigrant Investor Program.