JARED KUSHNER’S SISTER EMPHASIZES TIES TO WHITE HOUSE WHILE ASKING CHINESE INVESTORS FOR$150 MILLION

While Trump senior adviser and son-in-law Jared Kushner claims to have stepped down from his family’s real estate empire, that has not prevented his relatives from attempting to cash in on his prominent government role based on reporting by the New York Times.

Nicole Meyer, Mr. Kushner’s sister, is currently in China asking Chinese investors for $150 million in capital for the purpose of constructing a building in the state of New Jersey under the U.S. government’s Eb-5 program.

According to the New York Times, Meyer said:

“[This project] means a lot to me and my entire family.” She mentioned her brother’s service as chief executive of Kushner Companies, the family business from which he resigned in January, saying he had left to serve in the Trump administration.”

Under a U.S. immigration law called Eb-5, The U.S. will award green cards to those who invest $500,000 in an American capital venture.

The Eb-5 program is popular in China because it’s an easy path for American citizen for wealthy Chinese. It’s also popular, in general, because American real estate professionals are generally exempted from reporting money laundering activity (however, this is changing due to a lot of bad behavior).

Mr. Kushner, like his wife Ivanka Trump, has become a defacto a secretary of state. He regularly serves as a conduit for international discussions, particularly China, and helps direct his father-in-law, President Trump, on the direction of American foreign policy.

The proposed investment project, “Kushner 1″, in the Journal Square area of Jersey City, New Jersey listed him as a manager of the project prior him to his commencement of work at the Trump White House.

Lawmakers have criticized the Eb-5 program for fraudulent practices and have considered abolishing it.

Comments