Kushners apologize for name-dropping Jared to Chinese investors

"In the course of discussing this project and the firm's history with potential investors, Ms. Meyer wanted to make clear that her brother had stepped away from the company in January and has nothing to do with this project", the company said in a statement.

On Monday, Kushner Companies said Meyer's remarks were not meant to motivate investors to sign onto the real estate project. That was not Ms. Meyer's intention.

Kushner's sister Nicole Meyer promoted One Journal Square, a Kushner Companies' development in Jersey City, at an event Sunday at the Four Seasons Hotel in Shanghai, according to participants.

"In 2008, my brother Jared Kushner joined the family company as CEO, and recently moved to Washington to join the administration", she said at the conference, according to CNN. Jared Kushner "has nothing to do with this project", spokeswoman Risa Heller told the Daily Beast.

Looming above the Hudson River across from Midtown Manhattan, a 52-story apartment building in New Jersey, developed in part by Jared Kushner, markets one-bedroom rentals for $3,500 a month.

"As previously stated, he will recuse from particular matters concerning the EB-5 visa program", Roberts said in a statement.

At the event in Beijing, representatives of a Kushner family business told Chinese investors that the old immigration rules may change under Trump, who has taken a tougher stance on immigration.

During the event in Beijing, Kushner's sister promoted a program offering a path to USA citizenship to Chinese backers.

Organizers of the investor meeting didn't seem to want reporters there. The Obama administration had proposed that the price of the least expensive investor visas go from $500,000 to $1.3 million, and left it to the Trump administration whether to implement. Promotional materials distributed at the event introduced Meyer and Kushner's sister and prominently displayed images of Donald Trump.

Nicole Kushner Meyer was in China at the weekend, seeking more than $150 million in investment in a luxury apartment complex known as "One Journal Square", on which ground is scheduled to break early next year. The Kushner Companies declined comment.

Kushner Companies are also due to pitch for investment in the southern Chinese cities of Shenzhen and Guangzhou next weekend, according to the QWOS website.

Donald Trump's administration has made it harder for foreigners to get U.S. work visas.

California Democratic Senator Dianne Feinstein says it should be nixed, arguing the program sends a message that visas and US citizenship are for sale. As for creating jobs, WaPo notes a GAO report flagging the EB-5 program as ripe for fraud given the amount of money changing hands. She was asking investors to help finance a real estate project in New Jersey and suggested, in return, investors could get American green cards. The reforms included efforts to revive that the program's original intent of providing investment in rural and distressed urban areas. "There isn't a better example of how the program has been distorted than the Kushner Company's marketing campaign in China".

While a member of Trump's family casually tossing out their connections to the administration to promote their business is bad enough, this again raises questions of a conflict of interest for Kushner.

This post has been updated.

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