Baltimore Developer Accused Of Defrauding Chinese EB-5 Investors In Hotel Project

Retrieved on: 2025-01-08 19:09:09

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EB-5 visa

Foreign direct investment

Residency

Ronald Lipscomb

Baltimore

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Baltimore Developer Accused Of Defrauding Chinese EB-5 Investors In Hotel Project. View article details on hiswai:

Summary

The article discusses a lawsuit involving Ronald Lipscomb and securities fraud allegations related to a Baltimore hotel project funded by Chinese EB-5 visa investors. These investors, seeking U.S. residency through foreign direct investment, accuse Lipscomb of misleading them about the project's profitability.

Article found on: www.bisnow.com

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