Kushner Companies is canceling two upcoming presentations to Chinese investors after the real estate business ran into suspicions of corruption last week, when Nicole Kushner Meyer appeared to hawk American visas at a business pitch while promoting her brother Jared Kushner’s ties to the White House.
The real estate company has been trying to raise capital in China to build a new luxury apartment complex in Jersey City, and Meyer tried to sweeten the pitch by highlighting that investing more than $500,000 in America allows individuals to receive favorable immigration status through the EB-5 visa program.
During her presentation, she flashed pictures of her brother Jared - President Trump’s son-in-law - with his father-in-law. Her company also excluded reporters from the meeting, raising concerns about self-dealing.
The canceled meetings were slated to be held in Shenzhen and Gangzhou.
This story "Kushner Companies Kill China Pitch After Visa Tiff" was written by Daniel J. Solomon.