By Jennifer Doherty (March 8, 2021, 6:39 p.m. EST) – A federal judge in Florida awarded $ 26 million in damages on Monday to a group of future permanent residents of the United States whose renovation project – and claims EB-5 Immigrant Investor Visa – failed after developer allegedly misused its funds.

U.S. District Judge Donald M. Middlebrooks responds to a default judgment he handed down last December against Joseph J. Walsh Sr., the founder of South Atlantic Regional Center LLC, an EB-5 investment agency. previously registered with the U.S. Citizenship and Immigration Services, finding Walsh and his companies liable for fraudulent misrepresentation and a derivative claim of breach of fiduciary duty.

In his latest …

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