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Article snippet: Federal prosecutors are investigating Kushner Companies, the real estate firm owned by the family of Jared Kushner, the president’s son-in-law and senior adviser, over its use of a program that grants visas to wealthy overseas investors. The authorities, in part, are looking into the role of Mr. Kushner’s sister, Nicole Meyer, according to a person familiar with the matter who confirmed the inquiry. The investigation centers on the real estate company’s use of the so-called EB-5 program, which offers visas to foreigners in exchange for a $500,000 investment. Critics say the program has weak oversight and lax rules. At a marketing event in May, Ms. Meyer promoted the company’s connections to the Trump administration as she courted Chinese investors for a pair of luxury apartment towers being built by the Kushner Companies in New Jersey. The project “means a lot to me and my entire family,” she told prospective investors at the Ritz-Carlton Hotel in Beijing. Mr. Kushner gave up his role running the family company in January. He still owns a significant piece of the business. In a statement, Kushner Companies’ general counsel, Emily Wolf, said the company was cooperating with the authorities. “EB-5 is a longstanding federal program that is frequently used by many large developers to raise funds and help create jobs,” Ms. Wolf said. “Kushner Companies utilized the program, fully complied with its rules and regulations and did nothing improper.” She added: “Neither Ku... Link to the full article to read more