$500,000 for a green card

So U.S. Citizenship and Immigration Services has requested that Southern California Logistics Airport stop advertising trying to raise money from foreigners because they believes:

"Essentially, Victorville RC (Regional Center) is actively promoting what appears to be defunct projects as viable development projects on its public Internet Web site and providing a downloadable brochure that clearly claims that these projects are viable," according to the eight-page letter dated May 4.

You can see the full article here.

I had no idea they give you a green card if you "invest" 500,000 into the US.

I am assuming that the U.S. Citizenship and Immigration Services has to sign off on these deals because seems like a law that allows people in the US to rip-off rich naive foreign investors.

For 1/2 a million bucks maybe that is why they call it a green-card.