FinCEN

Title Tip: How Are Title Companies Combating Money Laundering?

By Lydia Blair / November 2, 2021 /

Criminal activity in both residential and commercial real estate is going strong. The U.S. has become a “safe haven” for money laundering with real estate investments leading the way.  The figures are “staggering” according to a recent report from Global Financial Integrity (GFI), a Washington-based research institute that studies the movement of illicit finances. They…

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DFW Among 12 Metros Targeted By Feds In Real Estate Money Laundering Crackdown

By Jon Anderson / November 27, 2018 /

For those who are laundering ill-gotten gains via real estate transactions, regulators are about to make life much, much harder.  Geographic Targeting Orders (GTO) are temporary regulations put in place by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The overall point of the orders is to understand and curtail money laundering, tax evasion, and…

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