While Chuck Schumer is the top-dog of the Democrat party, fighting President Trump with every breath, his corruption must never go unnoticed.
“Chuck Schumer is King of ‘Pay to Play’ in the corrupt, rigged system of Washington, D.C. Today’s example is how he exploits immigration law for wealthy real estate developers through the EB-5 visa program, which allows investors to pay $500,000 in exchange for a green card, in return for plenty of campaign cash given back to him,” New York attorney Wendy Long said.
“The whole idea behind the EB-5 visa was to help create jobs in economically disadvantaged areas. But where big bucks are involved, corruption soon follows, and with Chuck Schumer and the EB-5 visa program, you need to follow the money.
“As Senator Patrick Leahy has correctly observed, the gerrymandered Schumer use of EB-5s benefits wealthy Manhattan condo projects, many of which ‘would be pursued regardless of EB-5, calling into question whether the EB-5 capital is creating any jobs at all’,” Long concluded
Schumer received $1.09 million in campaign donations since 2011 from real estate interests, and his third top donor source was Fragomen, a law firm that has a prominent EB-5 practice, which donated $82,200 to his campaign committee. Fragomen advertises itself as “support[ing] . . . [the] immigration needs’ of ‘the world’s largest companies . . . all over the world’.”
Schumer also rakes in campaign dollars from real estate companies such as Related Companies and Silverstein Properties, which also raise EB-5 funds.
This is just proof that the EB-5 system is open to corruption — and Schumer is taking full advantage of it.
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