Developer Nicholas Mastroianni II, an EB-5 investment broker with ties to former Trump lawyer Michael Cohen, is firing back at Chinese investors who accused him of duping them into fronting $99.5 million for a Jupiter project.

Mastroianni rejected investors’ claims as a “sham” after they alleged he structured the deal to his financial benefit and their loss in case the project wasn’t profitable. The plaintiffs expected to ride “a wave of recently publicized fraud in the EB-5 industry” as a way to induce settlement.

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