How Chinese money and American greed turned the EB-5 visa program into a cesspool of illegality.
Illustration by Luis Grañena
The fugitive kept many names. For an HSBC bank account in Canada, he was Feng Li. For an Industrial and Commercial Bank of China account, he was Ling Wang. For another, he was Bo Gong. The fugitive had a litany of companies too, though what they actually did was unclear: CJ Max Investments LLC, Faith Advance Limited, S&O Investments LLC. He had investments the world over: the United States, Panama, Cyprus, Austria, St. Kitts and Nevis. According to the U.S. Department of Justice, all of it â
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The recent conviction of Jimmy Lai, Hong Kong’s most famous dissident, on alleged national security offenses was the end of a process set in motion years ago by the Chinese Communist Party. Lai, who could have sought safety in another country, chose to stay and fight.
David Webb, who for years fought for fairer markets and better-run companies in Hong Kong, passed away on January 13, 2026. In tribute, we are resurfacing this article about his career, first published in May...
An award-winning podcast about the world’s two superpowers, the two men in charge, and the vital issues that affect us all. Face-Off cuts through the noise for the real story, with essential historical context.
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