More EB-5 corruption.

“Federal court jurors in New Orleans on Friday convicted a former top military aide to three U.S. presidents and his business partner on charges that they scammed $15 million out of foreign nationals who believed they could become permanent American residents if they invested in the city’s post-Hurricane Katrina recovery.

The decision capped off retired Air Force Col. Timothy Milbrath and William “Bart” Hungerford’s three-week trial on charges of mail fraud, wire fraud, immigration fraud and money laundering. Both were found guilty on all nine counts they faced”.