EB-5 fraud in South Florida Palm House project implicates Robert Matthews and regional center SARC

EB-5 fraud in South Florida Palm House project implicates Robert Matthews and regional center SARC The passage identifies specific individuals (developer Robert Matthews, contractor Nicholas Laudano, regional‑center director Joseph Walsh Sr.) and concrete financial figures ($9.5 M siphoned, $500 k per investor) tied to alleged EB‑5 fraud, offering clear leads for further investigation (court filings, SEC complaint, civil lawsuits). The controversy is high‑profile given the involvement of foreign investors and potential misuse of immigration‑linked funds, but the claims are already in public filings, limiting novelty. Key insights: Matthews and contractor Nicholas Laudano pleaded guilty to fraud in federal court.; EB‑5 investors each lost $500,000 and did not receive green cards.; South Atlantic Regional Center (SARC) and director Joseph Walsh Sr. allegedly siphoned $9.5 M.