SEC investigating Kushner family business
by Daniel Chaitin | Jan 6, 2018, 10:11 AM
The real-estate company run by Jared Kushner's family is under investigation by the Securities and Exchange Commission, according to a report early Saturday.
The nature of the probe into Kushner Companies has not been made public, but the Wall Street Journal reported the SEC is looking into the company's use of the EB-5 visa program, which exchanges investments for U.S. visas and possible green cards.
A source told the Journal that the company was subpoenaed by the SEC in May 2017 regarding its EB-5 use, and that same month, New York federal prosecutors issued a subpoena for information about development projects financed in part by the visa program.
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http://www.washingtonexaminer.com/sec-investigating-kushner-family-business/article/2645189
