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Case File
d-36525House Oversight

SEC complaint alleges EB‑5 fraud in Palm House project linked to foreign backers and high‑profile names

Financial Record

The passage provides a concrete allegation of securities fraud involving EB‑5 investor funds, false escrow claims, and a $29 M loan, with references to politically connected individuals (Clintons, Tru SEC complaint alleges Palm House developer misled EB‑5 investors about use of funds. Marketing materials claimed 43% of costs covered by investors, $29 M loan, $22 M equity – allegedly Investors wer

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #029527
Pages
1
Persons
1
Integrity
No Hash Available
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