Former White House Aide Investigated For Defrauding Foreign Investors, Promising Green Cards – 14 April 2015

RT logoA former military aide to three different presidential administrations is under federal investigation for allegedly defrauding foreign investors out of nearly $16 million while promising to expedite their acquisition of US Green Cards.

Instead of seeing their investments go towards a job-producing project – a hotel project in New Orleans, in this case – the investors were left without Green Cards while the development project languished.

According to a report by ABC News, retired Air Force Col. Timothy Milbrath and his firm Noble Outreach are being investigated by the FBI for such allegations under the EB-5 immigration program, which entails luring foreign investors into committing cash to domestic, job-creating projects in the United States in exchange for visas and, ultimately, Green Cards.

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