Jared Kushner's Family Apologizes for Using His Name in Investment Pitch

She said that the reports on the Kushner Companies' investment pitch shows there is "a stark conflict of interest for the Trump White House" when it comes to the EB-5 visa program.

A new proposal now in Congress could soon raise the minimum investment for the EB-5, or investment, visa.

Presidential adviser and son-in-law Jared Kushner is facing more allegations of corruption after reporters attended a event in Beijing put on by his family's company aimed at persuading rich Chinese to invest a total of $150 million into their latest real estate venture by offering visas to America. Meyer's relationship to her brother was mentioned as part of the presentation. That was not Ms. Meyer's intention.

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Kushner Companies on Monday said that it didn't mean to mention Jared Kushner's role in the Trump administration in order to reel in Chinese investors to help fund a development in New Jersey.

At Saturday's event, attendee Wang Yun, a Chinese investor, said the Kushner family's ties to Trump were an obvious part of the project's appeal.

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According to the report, Meyer talked about how family values had shaped Kushner Companies and spoke about her grandparents, who survived the Holocaust.

The company also featured a photo of President Trump on a slide at the event that said "key decision makers" on the EB-5 programme, CNN reported.

The program has stoked controversy in the U.S. A raft of reports from federal agencies have said it is a bureaucratic nightmare, prone to abuse, and hard to justify in terms of economic return. In September 2015, the Bipartisan Policy Center estimated that 44,000 people, a third of them foreign investors and the rest family members, had qualified since 1992.

Blake Roberts, an attorney at the law firm of WilmerHale, which is Kushner's personal counsel, said Kushner has no involvement in the operation of Kushner Companies.

The EB-5 is known as "the golden visa" among Chinese but an EB-5 via the Kushners is really more of a platinum visa. The program was created in the 1990s to boost jobs in areas that are rural or have high unemployment.

However, the two leaders of the reform effort, Senate Judiciary Committee chairman Charles E. Grassley, R-Iowa, and Sen. The investment is a bribe, essentially, which entitles you to fast-track entry into the USA without the usual proof of education or work qualifications and even in some cases without basic law-enforcement checks.

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USA officials have raised concerns about the vetting of investors, too. Allies for reforming the program include Reps. Instead, with the program set to expire, Congress tucked a program extension into a spending bill that passed Congress on Thursday.

Trump has made immigration overhaul the centerpiece of his campaign and administration.

Liu said he had been to previous pitches for EB-5 investments but had concerns about the risks. According to the Washington Post, the tagline on a brochure for the event read simply: "Invest $500,000 and immigrate to the United States".

QWOS representatives courting potential investors pointedly dropped the name of Trump's daughter Ivanka, who is Jared Kushner's wife.

The programme is popular among wealthy Chinese looking to shift assets abroad or move overseas, but it has come under fire in the United States.

Journalists for both NYT and WaPo were kicked out of the presentation eventually.

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"Senator Schumer strongly supports bipartisan legislation that would crack down on fraud, abuse, and improper influence within the EB-5 program", said Matt House, a spokesman for Senate Democratic Leader Charles E. Schumer.

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