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"First, the business owner needs to reorganize the company. Then they need to come up with a payment plan and repay corporate debts. Next, they have to come up with a corporate budget and finally get it approved by both creditors and the bankruptcy court." Donald Trump has had to file for bankruptcy six separate times. The companies that declared bankruptcy were Trump Taj Mahal, Trump Castle Hotel & Casino, Trump Plaza Casino, Trump Plaza Hotel, Trump Hotels & Casino Resorts, and Trump Entertainment Resorts. The main result of these bankruptcies

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EB-5 fraud often puts investors’ immigration status at risk, as seen in Vermont’s  Jay Peak ski resort scheme , which also had ties to South Florida. The alleged scheme has been the subject of litigation since at least 2016, when more than 50 investors in the Palm House project alleged they were defrauded of $50 million . The plaintiff investors were Chinese and Iranian. The investor funds flowed through the EB-5 intermediary South Atlantic Regional Center LLC in Palm Beach, which was not involved in the scheme, according to the indictment. Matthews, Evans

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