Phoenix — Acting Attorney General Todd Blanche touted the Trump administration’s expanded efforts to revoke the citizenship of certain foreign-born Americans on Wednesday, telling CBS News “a lot” of them should not be citizens.
In a sit-down interview in Phoenix, Blanche said the second Trump administration is pursuing more denaturalization cases now than in the last nine years and asserted that immigrants who have obtained American citizenship fraudulently should be “worried.”
“If you’re going to come and become a citizen in this country, but you’re going to do it by fraud, you’re going to do it in a way that’s illegal, you should be worried,” Blanche said.
Asked who is being targeted by the denaturalization campaign, Blanche said, “We are not limiting ourselves to anybody in particular, except to say that unfortunately, and I think you’re going to hear more about this in the coming…
Investment fraud targets the human desire for financial growth by promising high returns with “low to no risk.”
- Ponzi Schemes: Named after Charles Ponzi, these schemes pay “returns” to earlier investors using the capital brought in by newer investors. There is no actual underlying business; the system collapses when new recruitment slows down.
- Pyramid Schemes: Similar to Ponzi schemes, but participants are usually required to sell a product or service. The primary “profit” comes from the recruitment fees of new members rather than actual product sales.
- Pump and Dump: Fraudsters spread false, positive rumors about a cheap stock (the “pump”) to drive up the price. Once the price peaks, they sell their shares (the “dump”), leaving other investors with worthless stock.