The markets targeted by the feds have things in common: expensive homes, lots of all-cash deals, plenty of foreign buyers looking to park their money, and where financial institutions file a high number of suspicious activity reports. CLICK ON THE HEADLINE FOR MORE
The Hunt For Dirty Money In Miami Real Estate Is Working — And Will Continue, Feds Say Read More »
For the second time, FinCEN announced that it would renew a temporary order that aims to end secrecy in real estate purchases in six major metropolitan areas, including South Florida. CLICK ON THE HEADLINE FOR MORE
Federal Regulator Renews Real Estate Money Laundering Dragnet In South Florida Read More »
New federal regulations aimed at removing secret identities on deals worth more than $1 million threatens to slow an already-lagging housing market. CLICK ON THE HEADLINE FOR MORE
No More Anonymity For Cash Buyers Of Luxury Miami-Dade Homes Read More »
