The SEC is reportedly investigating Jared Kushner's family company over visa use

Jared Kushner
(Image credit: Drew Angerer/Getty Images)

The Securities and Exchange Commission (SEC) has launched an investigation into Kushner Companies, the real estate empire belonging to the family of Jared Kushner, President Trump's son-in-law and senior adviser, The Wall Street Journal reported Saturday.

The previously unknown probe reportedly began this past May and focuses on the company's use of the EB-5 visa program, which awards green cards to immigrants who invest at least $500,000 in eligible U.S. businesses. It is not clear what investigators may believe was improper in Kushner Cos. use of the visa; a representative of the company denied all wrongdoing.

Jared Kushner resigned from his role at Kushner Cos. when he went to work at the White House, but he retains a financial stake in the business.

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