IIUSA Statement on Alleged Fraud of San Francisco Regional Center

IIUSA

IIUSA was profoundly disappointed when it learned of the recent allegations against the San Fransisco Regional Center.  Whether the allegations are proved or not, the indictment and SEC civil case raises the unwelcome specter of fraud over a program with thousands of honest stakeholders working diligently on behalf of foreign investors and American workers.

IIUSA’s code of conduct speaks directly to protecting investors from fraud and misrepresentation. The reauthorization bill we are tirelessly developing reflects those values and commitment and we condemn any breach of an investor’s trust.

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