EB-5 has become code for one of South Dakota's most complex political scandals. EB-5 is the program by which foreign investors buy a chance at getting a visa by investing a half million dollars to create jobs.
EB-5 is alive now in federal court, with foreign investors suing to be repaid a loan of $32.5 million.
The money came from a limited partnership called SDIF, which brought in 65 foreign investors putting up $500,000 each.
A limited liability company, or LLC, called Tentexkota, borrowed the money to build the Deadwood Mountain Grand casino and event center.