U.S. Attorney Subpoenas Kushner Cos. Over Investment-For-Visa Program

[MelissaB]

Source: Wall Street Journal

Records sought from development firm owned by family of White House adviser Jared Kushner

Kushner Cos., the New York property development business owned by the family of White House senior adviser Jared Kushner, has been subpoenaed by New York federal prosecutors regarding its use of an investment-for-immigration program, according to people familiar with the matter.

The subpoena concerns at least one Jersey City, N.J., development financed in part by a federal visa program known as EB-5: twin, 66-floor commercial-and-residential towers called One Journal Square, said a person familiar with the subpoena.

A spokesman for the Brooklyn U.S. attorney’s office, which issued the subpoena, declined to comment. The Kushner Cos. general counsel, Emily Wolf, said in a statement that “Kushner Companies utilized the program, fully complied with its rules and regulations and did nothing improper. We are cooperating with legal requests for information.”



Read more: https://www.wsj.com/articles/u-s-attorney-subpoenas-kushner-cos-over-investment-for-visa-program-1501717119

[philly_bob]

1. Yeah, I remember reading about it. Sleazy.

The visa for investment program may have been legal. But to have the president's relatives going overseas running seminars pushing them to investors -- tacky, tacky.

[BumRushDaShow]

2. Yes the problem now is that he is a WH "advisor"

and thus the rules are SUPPOSED to change. They refuse to accept that when you work for the government, you don't get the benefit of the "financial perks" that private industry dishes out nor can you utilize many of the "financial practices" that are available in the private sector. You serve your country, not your wallet.