SEC Halts $150 Million Investment Scheme to Dupe Foreign Investors and Exploit Immigration Program (Press Release 2013-20)

SEC press release 2013-20 (8 Feb 2013): charges and asset freeze against Anshoo Sethi, A Chicago Convention Center and Intercontinental Regional Center Trust of Chicago. Extracted: more than USD 145 million in securities sold, more than 250 investors, USD 11 million in administrative fees, USD 41,500 fee per investor, more than USD 2.5 million to a personal account (all SEC allegations, status claim); the event is already in the data. Not recorded: headline "$150 Million" (rounded), "more than 90 percent" of fees spent and the frozen "remaining $145 million" (notes), USD 1 million / 500,000 programme amounts and 10 jobs (rules already in program_terms), 29-year-old, 15 and 35 years of claimed experience (personal/company details).