A Chinese-American immigrant sued a Corona husband and wife team Dec. 1, accusing them in Riverside Superior Court of embezzling $530,000 in investment money intended for a hotel development that would have granted the plaintiff permanent U.S. residence.
Xiaoyan Tang was approached by Bo Chen and Chuan Dong to invest in their Corona development. The couple had already built apartment complexes, but claimed to also be building a hotel, according to the complaint.
Tang’s 2014 investment would have granted her permanent U.S. residence under the EB-5 program, which gives foreign investors permanent residence after investments of $500,000 that employ 10 workers. Tang received