Federal agents executed search warrants on a San Gabriel office and two homes Wednesday, in connection with an alleged immigration fraud scam.
Court documents charge that attorney Victoria Chan and her father, Tat Chan, operated a fraudulent scheme involving EB-5 investor visas. The EB-5 program lets wealthy foreigners get legal resident status if they invest at least a half-million dollars in a US business that creates jobs.
According to the complaint, the pair operated the California Investment Immigration Fund, LLC, on the ground floor of a Hilton hotel in San Gabriel. They allegedly convinced more than 100 Chinese nationals to invest more than $50 million dollars. The documents charge that instead of investing the funds, the pair illegally refunded money to investors, or stole millions for personal use. The complaint alleges that many of their clients obtained US green cards illegally – and that some clients were wanted fugitives in China.
Calls to the firm have not been answered. KPCC reached a former front-desk operator, who said she left a year ago and was not familiar with the business dealings.
See the search warrant issued for the raid below.