New York federal prosecutors subpoenaed Kushner Companies, the real estate development company owned by the family of President TrumpDonald TrumpMcCabe wins back full FBI pension after being fired under Trump Biden's Supreme Court reform study panel notes 'considerable' risks to court expansion Bennie Thompson not ruling out subpoenaing Trump MORE's son-in-law and senior adviser, Jared KushnerJared Corey KushnerBiden has an opportunity to put his own stamp on Arab-Israeli relations Biden shows little progress with Abraham Accords on first anniversary White House orders release of Trump records to Jan. 6 committee MORE, over its use of a visa program that offers green cards to wealthy foreign investors.
The subpoena was received by Kushner Companies in May, The Wall Street Journal reported Wednesday, and regards the company's use of the EB-5 visa program to finance a development in Jersey City, N.J., called One Journal Square.
It isn't clear what potential violations the Brooklyn U.S. attorney's office is looking into.
The EB-5 visa program offers green cards to foreigners who invest at least $500,000 in U.S. businesses that would create at least 10 permanent, full-time jobs for American workers.
The company launched a marketing campaign in Beijing and Shanghai in May seeking Chinese investors. That campaign promised green cards for as many as 300 people who invested the requisite $500,000 in One Journal Square.
Kushner Companies came under fire in May after Kushner's sister, Nicole Meyer, a principal at the company, mentioned her brother's service in the Trump administration during a pitch to investors in Beijing.
The company later apologized for the remarks and said that Meyer's statement was not intended to use Kushner's work in the Trump administration to attract investors.