Whether or not UC bought into a casino in Argentina has nothing to do with whether or not he is in trouble with the SEC/DOJ. Neither of those agencies regulate businesses in Argentina.
Being under investigation for criminal charges has nothing to do with whether or not he holds a Canadian passport. If charges are filed and a warrant is issued, then the DOJ can request the court order the defendant to surrender his passport as a condition of bail.
If you had really talked with someone at the border patrol or US customs, they probably would have told you this even though neither of those agencies have anything to do with issuing passports or confiscating them.
Try calling the Department of State or the DOJ next time and tell the truth.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.