Kushner Companies is apologizing for mentioning Jared Kushner in its sales pitch to Chinese investors over the weekend, saying the company didn’t mean to invoke his position in government to lure investors.
At a meeting in China, Kushner’s sister, Nicole Kushner Meyer, pitched wealthy investors on spending $500,000 on the Kushner One property in New Jersey in order to get an EB-5 visa, known as the “golden visa” in China. That visa is seen as a quick way to get citizenship by wealthy Chinese.
The presentation mentioned the family’s fame and indirectly touted its closeness to President Trump as a positive. In a statement, the company indicated that was not its intention.
“In the course of discussing this project and the firm’s history with potential investors, Ms. Meyer wanted to make clear that her brother had stepped away from the company in January and has nothing to do with this project,” the statement read. “Kushner Companies apologizes if that mention of her brother was in any way interpreted as an attempt to lure investors. That was not Ms. Meyer’s intention.”
Jared Kushner is one of Trump’s top advisers and entered the White House in January. He has divested from the New Jersey project and Kushner Companies.
Democrats seized on the presentation as another example of the blurred ethical lines in the Trump administration.
President Trump has stepped away from the Trump Organization, but declined to fully divest from the company and named his sons as its new leaders. He receives regular briefings on the business from his son Eric.
