4 ms·

Our "First Son-in-Law" has his little hands in this game, too. > the Kushners' company held an event at a ritzy hotel in Beijing to encourage Chinese investmen

Our "First Son-in-Law" has his little hands in this game, too. > the Kushners' company held an event at a ritzy hotel in Beijing to encourage Chinese investments for a development project in New Jersey. > "Invest $500,000 and immigrate to the United States," read a brochure at the event... > A spokesperson for Kushner Companies later apologized for the poor optics, but just two months later, CNN reported that the business was again invoking Kushner's status as a senior White House aide to attract investors. https://www.businessinsider.com/sec-launches-probe-into-kushner-companies-for-use-of-eb-5-visa-program-2018-1 https://www.businessinsider.com/sec-launches-probe-into-kush...

oh_sigh 7y ago
What's wrong with that? It's not like that is a secret program that only Kusher has access to. Anyone (with the money) can invest $500k and come live in the US.
- deleted 7y ago
  [deleted]
- roywiggins 7y ago
  "invoking Kushner's status as a senior White House aide to attract investors" sure makes it look like they're trying to use Jared Kushner's position as a paid White House aide to gain a competitive advantage. When you have two possible EB-5 investment opportunities, and one advertises its a direct line to a senior White House official, which one do you choose? How long would Google keep around a senior executive if he was running a side-business in SEO?
  - jlawson 7y ago
    I want to know what that "invoking" sentence actually means. What exactly did Kushner actually say? Either he did something possibly illegal, or the media is attempting to leave the reader believing a damaging lie without actually saying something they can get called out on. We'd need the original quotes to know which. Until then, we can of course each just assume the reality confirms our prior beliefs.
    - roywiggins 7y ago
      > Meyer, the sister of Jared Kushner, was speaking at an event in which she was trying to attract wealthy Chinese investors to the 1 Journal Square project. > During the presentation, Meyer reminded investors of her brother's recent role in American politics: "In 2008, my brother Jared Kushner joined the family company as CEO," Meyer told a crowd, adding he "recently moved to Washington to join the administration." > The comments coincided with a visual display, which included a photograph of Trump. https://www.cnn.com/2017/07/20/politics/draft-kushner-visas/index.html https://www.cnn.com/2017/07/20/politics/draft-kushner-visas/...
      - jlawson 7y ago
        Okay, so an innocuous display of generalized status. No indication Kushner would do anything (through any kind of back channel or otherwise) to use his position to aid these investors. No indication he has done anything of the sort. Pretty much as I expected; media telling the truth to leave you believing a lie.
        deleted 7y ago
        [deleted]
- blaser-waffle 7y ago
  In Canada it's $400k CAD. Open to all -- bring $$$ and drop em in the local economy. See also: Vancouver housing issues.
DiogenesKynikos 7y ago
There's a very similar story involving the Clintons. Hillary Clinton's brother, Tony Rodham, and her 2008 campaign manager and former governor of Virginia, Terry McAuliffe, were involved in a Green-Card investment scheme that looks pretty shady. Rich Chinese people were told they were investing in an electric car startup. With political big shots involved, they thought the scheme was legitimate and had political backing. The money disappeared with little to show in the way of actual electric-car development, and the investors sued. 1. https://www.politico.com/story/2017/11/28/greentech-automotive-lawsuit-terry-mcauliffe-262771 https://www.politico.com/story/2017/11/28/greentech-automoti... 2. https://www.politico.com/story/2015/03/report-cites-favoritism-for-terry-mcauliffe-and-brother-of-hillary-clinton-116370 https://www.politico.com/story/2015/03/report-cites-favoriti...
- roywiggins 7y ago
  There is, I suppose, a limited number of schemes, and most of these people are not that creative. The main thing missing here is that Kushner has a direct ownership stake. Mayorkas was just, uh, helping out a buddy? It's not great! (also, a hilarious turn of phrase: "Rodham’s sister was secretary of state")
  - DiogenesKynikos 7y ago
    McAuliffe had a stake in the company: "McAuliffe was once the largest individual investor in the company but stepped down as chairman in 2012 and sold his shares as he prepared to be sworn in as governor in 2014." Rodham was apparently President and CEO of an investment firm backing the electric car company.

oh_sigh 7y ago

What's wrong with that? It's not like that is a secret program that only Kusher has access to. Anyone (with the money) can invest $500k and come live in the US.

deleted 7y ago
[deleted]
roywiggins 7y ago
"invoking Kushner's status as a senior White House aide to attract investors" sure makes it look like they're trying to use Jared Kushner's position as a paid White House aide to gain a competitive advantage. When you have two possible EB-5 investment opportunities, and one advertises its a direct line to a senior White House official, which one do you choose? How long would Google keep around a senior executive if he was running a side-business in SEO?
- jlawson 7y ago
  I want to know what that "invoking" sentence actually means. What exactly did Kushner actually say? Either he did something possibly illegal, or the media is attempting to leave the reader believing a damaging lie without actually saying something they can get called out on. We'd need the original quotes to know which. Until then, we can of course each just assume the reality confirms our prior beliefs.
  - roywiggins 7y ago
    > Meyer, the sister of Jared Kushner, was speaking at an event in which she was trying to attract wealthy Chinese investors to the 1 Journal Square project. > During the presentation, Meyer reminded investors of her brother's recent role in American politics: "In 2008, my brother Jared Kushner joined the family company as CEO," Meyer told a crowd, adding he "recently moved to Washington to join the administration." > The comments coincided with a visual display, which included a photograph of Trump. https://www.cnn.com/2017/07/20/politics/draft-kushner-visas/index.html https://www.cnn.com/2017/07/20/politics/draft-kushner-visas/...
    - jlawson 7y ago
      Okay, so an innocuous display of generalized status. No indication Kushner would do anything (through any kind of back channel or otherwise) to use his position to aid these investors. No indication he has done anything of the sort. Pretty much as I expected; media telling the truth to leave you believing a lie.
      - deleted 7y ago
        [deleted]
blaser-waffle 7y ago
In Canada it's $400k CAD. Open to all -- bring $$$ and drop em in the local economy. See also: Vancouver housing issues.

DiogenesKynikos 7y ago

There's a very similar story involving the Clintons. Hillary Clinton's brother, Tony Rodham, and her 2008 campaign manager and former governor of Virginia, Terry McAuliffe, were involved in a Green-Card investment scheme that looks pretty shady. Rich Chinese people were told they were investing in an electric car startup. With political big shots involved, they thought the scheme was legitimate and had political backing. The money disappeared with little to show in the way of actual electric-car development, and the investors sued. 1. https://www.politico.com/story/2017/11/28/greentech-automotive-lawsuit-terry-mcauliffe-262771 https://www.politico.com/story/2017/11/28/greentech-automoti... 2. https://www.politico.com/story/2015/03/report-cites-favoritism-for-terry-mcauliffe-and-brother-of-hillary-clinton-116370 https://www.politico.com/story/2015/03/report-cites-favoriti...

roywiggins 7y ago
There is, I suppose, a limited number of schemes, and most of these people are not that creative. The main thing missing here is that Kushner has a direct ownership stake. Mayorkas was just, uh, helping out a buddy? It's not great! (also, a hilarious turn of phrase: "Rodham’s sister was secretary of state")
- DiogenesKynikos 7y ago
  McAuliffe had a stake in the company: "McAuliffe was once the largest individual investor in the company but stepped down as chairman in 2012 and sold his shares as he prepared to be sworn in as governor in 2014." Rodham was apparently President and CEO of an investment firm backing the electric car company.