Exploit the eb 5 visa program. Investors in china, india and vietnam each paid henderson 500,000 thinking they were funding one of seven businesses that qualified for the program. The federal Program Gives green cards to investors that contribute to a u. S. Business that creates at least ten fulltime jobs. Henderson diverted the money to buy the historic tower in oakland. The building and other properties, businesses and restaurants. All of these representations, all of these promises were made in the course of this scheme and those promises were not kept. According to the indictment, henderson lied to investors and the government for years providing paper work and Business Plans that seem legit from 2011 to 2017. I asked the u. S. Attorney how it was able to go on for so long. One of the ways the scheme was going is the diversion of money raised from later investors to cover over the losses that were being suffered by earlier ged wit conspiracy and wire fraud charges. Henderson pleade
Platforms do a uturn and surrender everything it made after that magnificent quarter sell sell sell you dont want to see walmart soar and then repeal the whole move after an amazing quarter no less it is agonizing to witness amd give up a quick 25 points when the future seems so bright but sometimes you have no choice and i think this is actually one of those times we just had another bad day. Dow lost 291 points s p shed, nasdaq tumbled 1. 7 . Boy, did it get ugly at the close. What do you do at moments like this rather than trying to trade in and out, selling everything and then trying to buy it all back at lower levels, i think you need to learn how to ride out these moments. Unless stocks arent for you see, i think if youre patient i believe youll do better sticking with stocks rather than hiding out in treasuries even if they have much more generous yields than they did a year ago. So lets start way key word here, and that word is patience. Two weeks ago we had the eminent market
This afternoon. And this is happening right now in the area of eddie and franklin streets. Heres a map. You can see what were talking about. Its about a block away from Jefferson Square park and Sacred Heart Cathedral prep officers are on scene right now trying to make contact with the person. People are being asked to avoid this area of eddy street between franklin and van ness avenue. Thats a busy part of the city video taken from golf street on the citizens app shows the heavy Police Presence there on the roads that are blocked off. Officials say they also have hostage and crisis negotiators on the scene. Again, there are reports of a suspect armed with a gun inside of a car. Theyre on the people are being asked to avoid the area as soon as we get more details on the situation, well bring them to you right here on kron. 4 news at 3. And then again on kron 4 dot com. Well go to oakland now has skyline. High school remain closed today as Police Officers continue their investigation in
Jefferson square park and Sacred Heart Cathedral prep. Police are saying they got a report of someone in a car with a gun around 12, 30 this afternoon. Officers are on the scene right now trying to make contact with that person and people are being urged to avoid the area beech street between franklin and van ness avenue. We have video now just into our newsroom. This is from gas street showing us the heavy Police Presence there. Officials say there also bringing it hostage and crisis negotiators to the scene. Again, there are reports of a suspect armed with a gun inside a car right here on street. People are being told to avoid the area as soon as we get more details about whats happening here in San Francisco will bring you updates right here on kron. 4 news at 2, 3, and on kron 4 dot com. Happening right now. Crews in the north bay are racing against the clock to try and clean up a massive spill on. I78 either trying to do this before the evening commute. Thousands of gallons of a h
Middle. Lets find out whats in store for us weather wise. Steve paulson here with the forecast. A little cooler here today. Well have a bigger fog bank than yesterday by far. So thats going to lead to some cooling today after today, itll be a gradual warm up getting to the warm to hot category by the weekend. 50s on the temps, theres a pretty good fog bank already in place. Otherwise itll be a cooler breezy day and highs coming down. Be in the 60s, 70s and low to mid 80s. All right, sal is here. Hopefully quiet out there. Anything showing up on your screens . Yeah you know, things are quiet. The shore freeway looks good. If you are driving there. Lets start there because 80 westbound looks very good. 16 minute drive. Thats about as low as it gets. And its a nice drive from the carquinez bridge to the macarthur maze if youre going to the bay bridge toll plaza. Its also nice and light. So i like what i see out there right now. You can see the roads are open. Certainly there are people ou