EB-5 Risk Alert: Regional Center Under Scrutiny

The recent, unprecedented action to shut down the EB-5 Chicago Convention Center Project by the Securities and Exchange Commission (SEC) and US Citizenship and Immigration Services (USCIS), amid allegations of widespread fraud that deceived over 250 investors, illustrates just how indispensable high-quality information is when choosing an EB-5 project.

To help you make informed investment decisions and accurately assess your exposure to risks, we are pleased to announce a new resource for investors, attorneys, agents, and stakeholders in the EB-5 Immigrant Investor Program: EB-5 Risk Alerts.

EB-5 Risk Alerts, a series of online newsletters, will closely examine risks associated with American Logistics International, a California EB-5 Regional Center active in trucking and logistics. As the U.S. transportation industry’s largest union, with over 1.4 million members, the Teamsters Union often scrutinizes businesses in this sector, giving us expertise that can be of value to EB-5 stakeholders. Our multi-dimensional view of American Logistics will be based on an in-depth analysis of publicly available documents, corporate filings, and reports from employees who work there each day.

Over the coming weeks, EB-5 Risk Alerts will discuss serious risks investors may face related to American Logistics International Regional Center. This includes the potential for labor unrest based on the company’s antagonistic approach towards its employees wanting a voice on the job.

Upcoming installments of EB-5 Risk Alerts will cover:

  • EB-5 job creation projections
  • Quality of management
  • Regulatory concerns
  • Customer relations
  • Workforce issues

We seek to foster a transportation and goods movement sector that operates responsibly and successfully, for the benefit of management, employees and investors alike.

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