The family of Donald Trump's son-in-law and adviser, Jared Kushner, apologized for using his name in a real-estate pitch in Beijing.
SINGH: We should note that Jared Kushner's lawyer tells NPR that Kushner is not involved in the building project that was discussed, and he is recusing himself from matters involving the EB-5 visa program. Its advertising highlights the controversial EB-5 visa program, which provides a path to a green card to foreign nationals who invest at least half a million dollars and create 10 full-time jobs.
Speaking in a ballroom [in Beijing], Ms. Meyer said the project "means a lot to me and my entire family".
Witnesses have said the presentation included pictures of Mr. Trump and referenced Jared Kushner specifically.
Bi Ting, a 34-year-old woman who attended the Shanghai event, said having the name of the US president's son-in-law associated with it was "a bonus for the project".
As part of such deals, investors - who in recent years have been overwhelmingly from China - typically accept below-market investment returns to qualify for a visa, allowing the developer to pocket the savings on financing costs. A brochure put it even more plainly: "Invest $500,000 and immigrate to the United States".
Zinedine Zidane ready for three LaLiga cup finals with Real Madrid
The Frenchman spent five seasons as a player with the Italian giants before making a big-money move to Real in 2001. Another player who will not feature at Santiago Bernabeu this weekend is Pepe.
Cosby says he doesn't expect to testify at sex assault trial
Within the parameters of whatever you guys - I understand you're a lawyer - boy the education I'm getting is absolutely fantastic. Bill Cosby described his health as generally good but said glaucoma has left him legally blind.
ZeniMax Files Lawsuit Against Samsung for Gear VR
Facebook was not found as a directly liable party, but it will likely be paying a considerable amount as it owns Oculus. We also reached out to Samsung , and a company spokesperson said that "We do not comment on pending litigation".
Kushner's sister, Nicole Kushner Meyer, told dozens of potential investors in Beijing that they should invest in a skyscrapers now being built in New Jersey, the Guardian reported.
While some US Congress members have been calling for changes to, or full expiration of, the EB-5 programme for several years, legislation signed by Trump last week keeps the programme intact until September 30.
Nearly all EB-5 investors are Chinese nationals, but the government keeps their names confidential.
One speaker at Saturday's event urged would-be investors to "invest early, and you will invest under the old rules", in case US lawmakers change regulations with the visas. So for them, seeing the Kushners come, seeing the Kushners connection to the Trump White House, it's a very natural association. In April, it was reported that Trump's daughter Ivanka secured trademarks in China for her retail brand the same day she dined with Chinese President Xi Jinping with her father at Trump's Mar-a-Lago resort.
Investors are receptive to such pitches because they believe "you're getting a chance ... to basically do business with the government or the family of people high up in the government".
Funding for the investor visa program remains intact but congressional critics have attacked it in the past as rife with fraud, with investment money supposedly targeted at improving life in impoverished communities ending up instead being used to build projects in affluent neighborhoods. In a statement to CNNMoney on Monday, the company said the image "was part of a presentation by the event's organizers".
"There is much harrumphing as the Kushner companies are found to be extolling the idea of investment in the United States economy as a way to gain a residence visa for America", writesForbes contributor Tim Worstall, a fellow at the Adam Smith Institute in London.