Another piece of Oakland entrepreneurÂ Tom Hendersonâ€™s EB-5 empire appears to be crumbling.
An Alameda Superior Court judge has ordered theÂ CallSocketÂ call center housed in the historic Tribune Tower at 409 13th St. in downtown Oakland to shut down by the end of the month. As the Business Times reported yesterday, that building and two othersÂ have been put on the market by a court-appointed receiver.
The call center, billed as â€śthe premier Silicon Valley call centerâ€ť on its website, had several hundred employees.
Henderson, who heads the San Francisco Regional Center LLC, founded CallSocket as one of several Oakland ventures aimed at creating jobs funded by foreign investors. The regional center administers the federal governmentâ€™s EB-5 program, which allows foreigners to earn U.S. residency by investing at least $500,000 in the United States and creating at least 10 permanent jobs.View Article