In some cases, though, the tactics veer toward outright fraud. The Times’s scrutiny of loan documents, including some produced in litigation, found that some used-car dealers submitted loan applications to lenders that contained incorrect income and employment information. As was the case in the subprime mortgage boom, it is unclear whether borrowers provided incorrect information to qualify for loans or whether the dealers falsified loan applications. Whatever the cause, the result is the same: Borrowers with scant income qualified for loans.
What about EB-5?
But other angles deserve scrutiny, as well, as I've written.
And nobody has yet written about them. Shouldn't the very tough Fortune magazine article on EB-5 generate some interest in digging further into the program and its various manifestations?