Real estate professionals who handle closings and settlements will need to file a report to the Treasury when an all-cash residential sale is made to shell companies, trusts and legal entities
Daniela Rendon was sentenced after having misused hundreds of thousands of dollars in pandemic relief funds for her own luxury purchases, according to reports
The US Treasury Department is poised to enact expanded reporting measures on luxury home sales, putting an end to anonymous purchases that have enabled oligarchs, terrorists and others
Five agencies this week called on lenders to adopt new techniques to root out illicit financial activities
In some cities, most cash sales will have to be reported to regulators
The couple is accused of taking out equity on homes they don't own and buying a Land Rover
New regulations predicted to minimally impact Miami's residential sales volume
The US real estate market has increasingly become a hotbed for financial alchemy
Protect yourself from being part of an illegal transaction
ICREA: Agents shouldn't have to do 'due diligence' on parties they don't represent
Federal judge hands down 4-year sentence for money laundering
Suspects include Redfin agent, CEO for property-search portal
Money laundering harder to spot than mortgage fraud