💰 Financial Record

payment

← Back to List

Transaction Details

Amount

USD $9,500,000.0

Payer (From)

Foreign Investors Linked to Foreign Investors

Payee (To)

Joseph Walsh Sr. / SARC Linked to Joseph Walsh Sr. / SARC

Description

Allegedly siphoned from foreign investors' money.

Additional Details

Date string: Prior to 2019

Amount string: 9500000

Source document: HOUSE_OVERSIGHT_029521.jpg

📄 Source Document

HOUSE_OVERSIGHT_029521.jpg

ESTATE Collection

View Document

Document Summary

This document is a printout of a news article regarding the Palm House EB-5 fraud case, stamped as a House Oversight record. It details how developer Robert Matthews and contractor Nicholas Laudano pleaded guilty to fraud, misusing investor funds for personal luxuries like a yacht named 'Alibi'. The article highlights the lack of criminal charges against regional center director Joseph Walsh Sr., who allegedly siphoned nearly $9.5 million, and criticizes the lack of regulation in the EB-5 visa program.

Discussion 0

No comments yet

Be the first to share your thoughts on this epstein financial record