Genco Corp (GNCC)

[Takeitorleaveit]

"Investors were told their money would be used for The Palm House Hotel, well-known people would sit on the project’s advisory board and famous people from celebrities to politicians “will be part of the club,” the indictment said. Instead, Matthews and Evans wired investors’ money through various accounts for personal use."

https://www.law.com/dailybusinessreview/2018/09/04/eb-5-investments-in-palm-beach-hotel-paid-for-home-yacht-credit-cards-indictment-says/?slreturn=20180821170926

It would be crazy if GNCC did that with a Microsoft executive wouldn't it?