sec whistleblower attorneys
November 04, 2019
Bethany Liou, Golden California Regional Center, LLC
Offering Fraud
SANCTION AMOUNT: $50295232
Defendants: Golden California Regional Center, LLC
Bethany Liou
An alleged EB-5 fraud, the SEC charged that Respondents sold at least $45,000,000 in limited partnership interests in GCRC Cupertino Fund, LP. However, instead of deploying those funds to the developer in accordance with the offering documents, Respondents transferred them to accounts in Liou’s name and pledged them as collateral for a line of credit. Respondents agreed to settle.
- Key Docs
- Official SEC press release
