FNYMRC Distribution

A. The Distribution Administrator filed the Motion for Approval of the Distribution Plan on November 1, 2024, and the Court approved the Proposed Distribution Plan on November 5, 2024.
答：和解款管理人已于2024年11月1日提交拟议的分配计划书，法院已于2024年11月5日批准该分配计划书。

A. The Distribution Plan provides each EB-5 Investor with options related to his or her Settlement Share—that is, the EB-5 Investor’s pro rata share of the funds to be distributed under the settlement. The EB-5 Investor’s Settlement Share is calculated as follows:

In general, the Distribution Plan permits each EB-5 Investor to choose among the following two options, either:
(1) receive a direct payment of his or her Settlement Share; or
(2) direct the Distribution Administrator to send his or her Settlement Share back into the EB-5 Program so that the EB-5 Investor may attempt to continue to pursue his or her EB-5 immigrant visa in the EB-5 Program.

With respect to the second option, the Distribution Plan provides each EB-5 Investor with the ability to direct the Administrator to pay his or her Settlement Share back to the NCE in which the EB-5 Investor originally invested related to the Eastern Emerald or Eastern Mirage Projects only if the following conditions are met by defendant Fleet. (1) USCIS does not terminate or revoke the designation of the Fleet Regional Center; (2) Defendant Xia and his affiliates completely relinquish ownership and control of the Fleet Regional Center and the involved NCEs; (3) The Fleet Regional Center is transferred to a new owner for continued operation; and (4) USCIS approves the recertification application submitted by the new owner of the Fleet Regional Center, making it a qualified regional center again. Additionally, if USCIS decides to terminate or revoke the Fleet Regional Center's designation, the Distribution Plan provides an option allowing each EB-5 investor to direct the Distribution Administrator to apply their settlement share to another EB-5 project (unrelated to the NCEs or Fleet). This would allow EB-5 investors to exercise their Section M rights. EB-5 investors may also directly apply to the Distribution Administrator to receive their Settlement Share and reinvest it on their own to complete the necessary applications under the EB-5 Investor’s Section M Rights.

答：分配计划书为每位EB-5投资人提供了与其和解份额相关的选择，即EB-5投资人根据和解分配资金的按比例份额。和解款管理人提出了一个允许每位EB-5投资人在以下选项中选择的分配计划，以下是和解款分配的计算公式：

(1) 接受其和解份额的直接支付；或 (2) 指示和解款管理人将其和解份额重新投入其此前参与的EB-5项目，以便EB-5投资人可以继续尝试申请其EB-5移民签证（即，投资人指示和解款管理人将其和解份额支付回此前EB-5投资人投资的与Eastern Emerald或Eastern Mirage项目相关的NCE（New Commercial Enterprise））。EB-5投资人能且只能在以下法院设置的条件都满足的情况下，才可以选择该方案。法院设置的条件为：（1）USCIS决定不终止或者撤销Fleet区域中心的资格；（2）被告人Xia某以及其相关的人彻底放弃其在Fleet区域中心以及所涉及的NCEs的所有权和控制权；（3）Fleet区域中心必须转交给一个新的所有人运营；（4）USCIS批准Fleet区域中心的由新所有人重新递交的认证申请并重新成为一个适格的区域中心。
此外，如果USCIS决定终止或者撤销Fleet区域中心的资格，分配计划还提供了一个选项，允许每位EB-5投资人指示和解款管理人将其和解份额支付给EB-5项目中的其他项目（与NCEs或Fleet无关），这将是EB-5投资人行使其移民法M条款权利的行为。EB-5投资人也可以直接向和解款管理人申请分配后自行行使移民法M条款权利进行再投资并且完成相应的申请。

A. The Court’s Final Judgment requires the payment of disgorgement, prejudgment interest on that disgorgement, and civil money penalties totaling $272,140,380. In particular, Fleet and Xia are jointly and severally liable for disgorgement of $228,500,000 and prejudgment interest of $25,000,000, and Relief Defendant Yue is jointly and severally liable to Defendants to $14,000,000 of the above disgorgement amount and $720,000 of the above prejudgment interest amount. (See Final Judgment at 4.) Defendant Fleet is also liable for a civil penalty in the amount of $15,538,635, and Defendant Xia is liable for a civil penalty in the amount of $3,101,745. (See Final Judgment at 4.) Thus, the total that is to be paid into the CRIS account is at least $272,140,380: 228,500,000 + $25,000,000 + $15,538,635 + $3,101,745. Defendants Xia and Fleet and Relief Defendant Yue will also be required to pay some amount of post-judgment interest to be determined.
答：法院的终审判决要求支付总计272,140,380美元（包括判决前利息以及民事罚款）。具体而言，被告Fleet区域中心和Xia某对228,500,000美元的返还金额以及25,000,000美元的判决前利息承担连带责任，被宽恕的被告Yue与所有被告共同对上述返还金额中的14,000,000美元和判决前利息中的720,000美元承担连带责任。（参见终审判决第4页。）被告Fleet区域中心还需支付15,538,635美元的民事罚款，被告Xia某需支付3,101,745美元的民事罚款。（参见终审判决第4页。）因此，被告以及被宽恕的被告需要支付到法院CRIS账户的总额为272,140,380美元：228,500,000 + 25,000,000 + 15,538,635 + 3,101,745。被告Xia和Fleet区域中心以及被宽恕的被告Yue还将被要求支付一定金额的判决后利息，具体金额待定。

A. The Court’s Final Judgment established the following payment schedule for Defendants Xia and Fleet, and Relief Defendant Yue to satisfy their monetary obligations under the Final Judgment.
1. $42,500,000 of Defendants’ funds currently frozen pursuant to the Court’s Preliminary Injunction Order Freezing Assets, dated December 8, 2022, will be paid to the Court’s CRIS upon the SEC’s motion (Final Judgment at page 5.) The SEC made this motion on August 26, 2024, and it is currently pending Court review and approval.
2. Defendant Xia and Fleet’s remaining monetary obligations and Relief Defendant Yue’s monetary obligations shall be paid to the Court’s CRIS no later than 245 days from the entry of the Final Judgment, i.e., March 26, 2025. (Final Judgment at page 6.)

答：法院的终审判决为被告Xia某、Fleet区域中心和被宽恕被告Yue某在终审判决下履行其金钱偿还方面义务制定了以下付款时间表：
1.根据法院2022年12月8日发布的冻结资产初步禁令令冻结的被告42,500,000美元资金，将在美国证券交易委员会（SEC）提交动议后支付给法院的CRIS账户。（参见终审判决第5页。）SEC已于2024年8月26日提交该动议并且已经获得法院的批准。
2.被告Xia某和Fleet区域中心的剩余金钱偿还义务以及被宽恕被告Yue某的金钱偿还义务，须在终审判决作出后245天内，即不迟于2025年3月26日，支付至法院的CRIS账户。（参见终审判决第6页。）

A. The Distribution Administrator’s team currently includes the Distribution Administrator and staff from the Distribution Administrator’s law firm, Seiden Law L.L.P. Additionally, three expert parties are involved:
(1) Heffler, Radetich & Saitta L.L.P, serving as the Tax Administrator, responsible for any tax issues arising from and related to the distribution of funds;
(2)Weaver and Tidwell, L.L.P, providing accounting and data management services to the Administrator; and
(3)Baker Donelson Bearman Caldwell & Berkowitz, P.C., acting as the EB-5 immigration legal counsel for the Administrator.

答：和解款管理人的团队目前包括和解款管理人本人以及来自和解款管理人所在的律师事务所Seiden Law LLP的工作人员。此外，还包括了三位专家方：（1）Heffler, Radetich & Saitta LLP作为税务管理人以负责因和借款分配产生的任何税务问题；（2）Weaver and Tidwell, LLP为和解款管理人提供财会以及资料管理服务；（3）Baker Donelson Bearman Caldwell & Berkowitz, P.C作为和解款管理人的EB-5移民法律顾问

A. Currently, we do not know exactly when the distribution process will start. Because Defendants and Yue are not required to make all payments required by the Final Judgment until March 26, 2025, the distribution process will not start prior to that date.

答：目前我们尚不确定分配过程的具体开始时间。由于法院要求被告和Yue某需在2025年3月26日之前完成所有款项支付，因此分配过程在此之前不会开始。

A. Yes. The Administration Team released the Claim Form and Required Document Checklist on November 21, 2024. Please prepare the relevant materials according to the checklist. EB-5 investors may submit the required materials through either of the following methods:
1. Online Submission:
Visit https://fnymrcdistribution.powerappsportals.com/
2. Mail Submission:
Address to 322 8th Avenue, Suite 1200, New York, NY 10001, Recipient: SEC v. Xia Distribution Administrator
However, EB-5 Investor Claimants must submit the Proof of Claim Form along with the notarized documents by mail. All required documents must submit to the Distribution Administrator by 11:59 p.m. EST on August 15, 2025.

答：可以。和解款管理人团队已于2024年11月21日发布了索赔申请表格及所需材料清单。请您根据清单要求准备相应材料。EB-5投资人可以通过以下两种方式提交索赔申请所需材料：
1.网页提交：访问 https://fnymrcdistribution.powerappsportals.com/
2.邮寄提交：地址为 322 8th Avenue, Suite 1200, New York, NY 10001，收件人：SEC v. Xia Distribution Administrator
然而，所有投资人必须单独邮寄投资人本人亲笔签名的索赔申请表格以及宣誓书或宣誓证词或公证文件。投资申诉人必须在2025年8月15日美国东部时间晚上11:59之前向和解款管理人提交索赔申请。

A. If you haven’t recovered anything from your investment, you should fill in “0” as your answer in the claim form. 答：如果您从未收到过任何形式的还款或赔偿，您应当在索赔表格中“回收金额”这一栏填写“0”。

A. 1. The Proof of Claim Form signed by the EB-5 Investor with his or her water signature. 2. An affidavit, declaration, or notarized documents confirming the signatory is the EB-5 himself or herself.

答：1.带有EB-5投资人本人亲笔签名的索赔申请表格 2. 宣誓书或宣誓证词或公证文件从而能确认签署人索赔申请表格的人是EB-5投资者本人

A. Yes, you can.

答：是的，您可以一并邮寄所有的文件。

A. Essentially, there is no difference between the two submission methods. Regardless of which method you choose, we will send you a confirmation email once we have received all the required documents. However, since mailed documents need to be manually scanned by our team, the processing time will be slower compared to online submissions. Therefore, we recommend submitting your documents online whenever possible to save time.

答：本质上，两种提交方式没有差别。无论您选择哪种方式提交，我们在收到您所有所需文件后，都会向您发送确认邮件。然而，由于邮寄的文件需要由我们的团队手动扫描，处理时间会比在线提交更慢。因此，我们建议您尽可能选择在线提交，以节省更多时间。

A. Yes, you can. You can wait to submit your claim before the deadline, which is 11:59 PM EST on August 15, 2025.

答：是的，您可以等待，但请确保在截止日期之前提交您的索赔申请，截止时间为2025年8月15日美国东部时间晚上11:59。

A. No. Please note that a notarized certificate confirming that you are the signatory and the person executing the Proof of Claim Form will be sufficient. There is no need for an additional document stating the same information.

答：不需要。请注意，确认您是索赔申请表格的签署人和执行人的公证证明已足够，无需额外提供一份说明相同信息的文件。

A. No, you cannot. Under the Court Approved Distribution Plan and SEC’s instructions, we are unable to distribute funds to any account that is not under the Investor’s name. In your application for distribution (i.e., the Proof of Claim Form), you must provide an account under your name. However, that account does not need to be the same account you used to invest in.

答：不可以。根据法院批准的分配计划和美国证券交易委员会的指示，我们无法将资金分配到非投资者本人名下的账户。在您的分配申请（即索赔申请表格）中，必须提供一个以您本人名义的账户。然而，该账户不需要与您当初投资时使用的账户相同。

A. Due to variations in regional and jurisdictional requirements, we are unable to provide a template for the notarized certificate or affidavit/declaration. We recommend consulting with a notary public in your area or your immigration attorney to determine the appropriate format for your notarized certificate or affidavit/declaration. The purpose of the affidavit or declaration is to have a notary public certify that you signed the Proof of Claim Form in their presence and to attach the identification page of your passport to it. Please note that a notarized certificate confirming that you are the signatory and the person executing the Proof of Claim Form would also be sufficient.

答：请悉知，由于投资人们所在地区和司法管辖区的要求不同，我们无法提供公证文件或宣誓书/声明的模板。我们建议您咨询您所在地区的公证员或您的移民律师，以确定适合您的格式。这些文件的目的是由公证员确认您在其面前签署了索赔申请表格，并将您的护照身份页附在其中。请注意，一份公证证明能确认您是索赔申请表格的签署人和执行人已足够。

A.Please use this link to download :
https://fnymrcdistribution.powerappsportals.com/Forms-and-Instructions/
Additionally, the Distribution Administrator team will mail the Proof of Claim Form to each investor's address based on the information provided by the U.S. Securities and Exchange Commission (SEC).

答：您可以在此处下载：
https://fnymrcdistribution.powerappsportals.com/Forms-and-Instructions/
和解款管理人团队将根据美国证券交易委员会（SEC）提供的信息，将索赔申请表格邮寄至每位投资人的邮寄地址。

A. Given this situation, submitting the I-526 receipt notice (required) as well as I-526 approval notice (if any) instead of the permanent resident card will be sufficient. Please note that we require the submission of the I-526 receipt notice and merely providing the I-526 receipt number is not sufficient.

答：在这种情况下，提交I-526 收据通知（必要）以及 I-526 批准通知（如有）作为替代永久居民卡的文件即可。请注意，我们要求提交I-526 收据通知页，仅提供 I-526 收据编号是不够的。

A: No, you cannot. Please note that all investors must mail a Proof of Claim Form with a handwritten water signature. No exceptions are allowed.

答：不可以。请注意，所有投资人必须邮寄提交带有手写亲笔签名的索赔申请表格，无任何例外。

A. No. All funds must remain frozen and within the Court’s CRIS account until the Court authorizes otherwise.

答：不可以。所有资金必须保持冻结状态并留在法院的CRIS账户中，直到法院另行授权为止。

A.No, all funds must remain frozen and held in the Court’s CRIS account until further authorization from the Court. No exception is permitted unless the Court orders otherwise.

答：不可以。所有资金必须保持冻结状态并留在法院的CRIS账户中，直到法院另行授权为止。在此之前没有例外。

A. Currently, we cannot estimate how much each EB-5 Investor might receive. The Final Judgment gives the Defendants and Relief Defendant Yue until March 26, 2025, to pay all money they owe under the Final Judgment. The amount eligible to be paid to each EB-5 Investor will depend on Defendants and Yue meeting their payment obligations under the Final Judgment or other efforts by the SEC to collect funds from them. The Distribution Administrator lacks sufficient information to determine the percentage of the recovery for each EB-5 Investor at this time.

答：目前我们无法估计每位EB-5投资者可能会收到多少款项。终审判决规定被告和Yue某须在2025年3月26日之前支付他们在判决下所欠的全部款项。每位EB-5投资者有资格收到的金额将取决于被告和Yue某是否履行他们的付款义务，或美国证券交易委员会（SEC）采取其他措施从他们那里收回资金。和解款管理人目前缺乏足够的信息来确定每位EB-5投资者的回收比例。

A. The powers and responsibilities of the Distribution Administrator are limited by the Court's Appointment Order. The Court’s Order does not grant the Distribution Administrator the authority to pursue any debt recovery. Therefore, the Distribution Administrator cannot assist you in recovering any unpaid funds. We recommend that you consult your lawyer for appropriate legal advice.

答：和解款管理人的权利和义务受到法院委任令的限制。法院委任令并未给予和解款管理人进行任何债务追索的权利，因此，和解款管理人不能够协助您追索您未收回的款项。我们建议您咨询您的律师来获得相应的法律建议。

A. In the event of the principal applicant's death, the distribution funds will be considered part of the deceased’s estate. The Distribution Administrator does not have the authority or capacity to determine the entitlement of the estate. Therefore, in the refund process, this portion will be recorded as the estate of Mr./Ms. [Name]. Once the necessary documentation is confirmed, the Distribution Administrator will contact the Estate Administrator to determine the appropriate distribution method. We recommend consulting your family law counsel to confirm the estate's entitlement and the appointment of the Estate Administrator.

答：在主申请人，即付款人去世或的情况下，和解款应当考虑为其遗产。和解款管理人不具备决定遗产归属权的权利和能力。因此，在退款程序中该部分会被记为某先生/某女士的遗产，我们会在确认相关文件齐全的情况下与遗产管理人取得联系以确定合适的分配方式。我们建议您咨询您的家庭法律师来确定遗产的归属以及遗产管理人的任命。

A. No. According to the Court's Appointment Order, the Distribution Administrator must distribute the settlement funds to the EB-5 investor, that is, the principal applicant. If the principal applicant is unable to receive the settlement funds, they should consult their legal counsel and raise objections/suggestions with the Court.

答：不可以。依据法院的委任令，和解款管理人需要将案件和解款分配给EB-5投资人，即，主申请人。如果主申请人存在无法受领和解款的情况，主申请人应当联系其律师向法院提出异议/建议。

A. Please pay attention to the Distribution Administrator's Distribution Plan, which was approved by the Court on November 5, 2024.

答：请留意法院于2024年11月5日批准的分配计划书。

A.

1. Ensure you have prepared all the required documents listed in the document checklist.

2. Click the "File a Claim" button below to start your application.

- Enter your I-526 receipt number in the required field, excluding the letters "WAC."

3. After submitting the initial application form, you will receive two emails from EB5@seidenlaw.com:

- The first email will confirm that you have submitted the initial application form.

The second email will contain a unique link that will allow you to upload all documents needed.

4. Instructions for uploading documents:

- After clicking the upload link, you will see folders categorized according to the document checklist. Ensure you upload files to the correct folders. To facilitate the review process, upload all documents on the same day

5. Once your documents are uploaded, we will begin our review process.

- If additional information is needed, we will notify you via email. For privacy reasons, please refrain from sending your documents as email attachments. All files must be uploaded using the provided link.

答：

1.确保您已准备好根据文件清单所列的所有必需文件

2.点击下方的“提交索赔申请”按钮开始申请

- 请在要求的位置输入您的I-526收据编号，且不要包含字母“WAC”。

3.提交初始申请表格后，您将收到两封来自EB5@seidenlaw.com的邮件

- 第一封邮件将确认您提交了初始申请表格。

- 第二封邮件将包含一个链接，您可以通过该链接上传所有所需文件

4.上传文件时的操作说明

- 点击上传文件的链接后，您将看到根据文件清单分类的不同文件夹。请确保将文件上传到正确的文件夹中。为了确保我们能审核您的所有文件，请在同一天上传所有文件。

5. 确保所有文件上传后，我们将开始审核您的材料

- 如果需要额外信息，我们会通过邮件通知您。 出于隐私原因，请勿通过电子附件的形式向我们发送任何文件，所有文件必须通过提供的链接上传。

A. Yes, you can. You can wait to submit your claim before the deadline, which is 11:59 PM EST on August 15, 2025.

答：是的，您可以等待，但请确保在截止日期之前提交您的索赔申请，截止时间为2025年8月15日美国东部时间晚上11:59。

A. Although the Distribution Administrator has engaged an immigration expert to support his work, neither the Administrator nor the immigration expert is in a position to provide any legal advice in response to an EB-5 investor’s specific questions seeking legal advice related to his or her immigration status. We recommend that each EB-5 investor consult with his or her own immigration counsel in connection with his or her specific immigration law questions and/or that each EB-5 Investor contact the United States Immigration and Citizenship Services, which runs the EB-5 Program. The Distribution Administrator’s office can provide necessary support in assisting EB-5 Investor’s immigration counsel’s work within the scope of the Distribution Administrator’s authority and responsibilities under the Appointment Order.

答：尽管和解款管理人聘请了移民专家来支持他的工作，但无论是和解款管理人还是他的移民专家，都无法就EB-5投资人关于其移民状态的具体问题提供法律建议。我们建议每位EB-5投资人咨询自己的移民律师，以解决与其移民法律相关的具体问题，或联系负责EB-5项目的美国移民和公民服务局（USCIS）。在和解款管理人权限和职责范围内，和解款管理人的办公室可以为EB-5投资人的移民律师提供必要的支持。

A. No. According to the Court's Appointment Order, the Distribution Administrator has no authority to access or collect any materials or documents related to the EB-5 project. Thus, the Distribution Administrator cannot provide any documents or information regarding the EB-5 project or its related entities, such as NCEs and JCE. Additionally, the Distribution Administrator has no authority or obligation to submit any applications to USCIS on behalf of investors. We recommend that you consult with your immigration counsel for assistance.

答：不可以。依据法院的委任令，和解款管理人无权接触或收集任何有关EB-5项目的资料和文件。因此，和解款管理人无法向投资人提供任何的与EB-5项目以及其涉及的法律实体的文件和信息。此外，依据法院的委任令，和解款管理人也没有权利和义务代表任何投资人向移民局递交任何申请。我们建议您联系您的移民律师来寻求咨询。

A. Yes, please be aware that requesting the distribution funds to be sent to you may impact your immigration status/petition. Please consult with your immigration counsel before your submission of the proof of claim form.

答：申请将和解款直接分配给您可能会影响您的移民身份/申请。请务必在提交索赔申请表格之前咨询您的移民律师。

A. Under the Appointment Order, the Administrator must update his work status by filing periodic reports to the Court. Investors can review the Administrator’s status reports on the Court’s docket system. In addition, the Administrator will update the case status on his law firm’s official website at www.seidenlaw.com, WeChat public account: Seiden Law and send out the same reports to the investors who have contacted him through EB5@seidenlaw.com as necessary.

答：根据任命令，和解款管理人必须通过定期向法院提交报告来更新其工作状态。投资人可以在法院的案卷系统上查看和解款管理人的状态报告。此外，和解款管理人还会在其律师事务所的官方网站www.seidenlaw.com上更新案件进展情况，微信公众号Seiden Law并在必要时将相同的报告发送给通过EB5@seidenlaw.com联系的投资人。

A. You certainly have the right to hire or consult with your own lawyer. Please be aware that neither the Administrator nor his team represent you in this Case nor can they provide any legal advice to you in response to your questions that ask for legal advice.

答：您当然有权聘请或咨询您自己的律师。请注意，和解款管理人及其团队在本案中并不代表您，且无法针对您提出的法律问题提供任何法律建议。

A. All inquiries regarding the Fund Distribution should be sent to EB5@seidenlaw.com

答：所有有关和解款分配的询问应发送至EB5@seidenlaw.com