December 29, 2016 BY Valentina Kirilova

Businessman settles charges of fraudulent EB-5 offering

The Securities and Exchange Commission (SEC) announced that a Florida-based businessman has agreed to settle charges that he misused investor funds intended to create U.S. jobs through the EB-5 Immigrant Investor Program. The SEC alleges that Jason Adam Ogden, the CEO of a pair of smoothie and frozen yogurt franchises called Juiceblendz and Yoblendz, formed…

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