For a fee of $500,000 made out to the Kushner family, wealthy Chinese could secure a top spot in America. The money would be provided through a much-criticized government program known as EB-5 that awards foreign investors a path to citizenship in exchange for investments of at least $500,000 in American development projects.
Mr. Kushner’s sister Nicole Meyer made a pitch to attract $150 million in financing for a Jersey City housing development, known as One Journal Square, to more than 100 Chinese investors gathered at the Ritz-Carlton Hotel in Beijing.
Everything is being kept very fudgy and reporters were hustled out of the ballroom and investors were not encouraged to speak to the press.
Welcome to the new blurred world of Trump presidency. There will be a lot of smoke and mirrors, obfustication, bluster and plain old-fashioned bullshit but it’s quite clear that the Trump clan and their friends and relations are flat out cashing in on the presidency.
This project alone is worth $US150m and one of the major commercial drivers is that investment can be tied to gaining American citizenship.
This is just one leg or caught out on