The little town of Ulysses, Kan., (pop. 6,273) on the plains some 80 miles west of Dodge City hoped that the proposed EB-5-funded ethanol plant would perk up the town's sagging economy, as we reported last year.
The plant was never completed, much less opened. The owner of the plant, and of the regional center handling the transaction, was Justin Moongyu Lee, then a California lawyer. The money was used for something else and Lee, as a result, was disbarred. Read more...