Car Company, GreenTech Automotive, is facing an investigation being conducted by the Securities and Exchange Commission (SEC). A report has unveiled that Terry McAuliffe is being questioned more amid the same.

The reason behind the same is that the firm was once owned by McAuliffe. Now, McAuliffe is Democratic candidate for governor of Virginia.

It has been found that documents from GreenTech as well as Gulf Coast Funds Management have been subpoenaed by the SEC. Gulf Coast is a sister firm, by which an office building is shared with GreenTech in McLean, Va.

Foreign nationals are helped by Gulf Coast in getting EB-5 visas. Some $500,000 to $1 million is invested by foreigners into American firms and legal status is received by them in exchange.

The report said that the officials at SEC have been finding out if returns have been guaranteed to investors by the car company. They also have been seeking how the two firms found investors to partake, especially Chinese citizens, who had been seeking US citizenship.

In the opinion of McAuliffe, "If there are concerns as to whether procedures were properly followed, those concerns should be examined and I'm glad the company said it is cooperating fully".