FindingsReal estate companies in German-speaking countries in Europe continue to be extraordinarily suitable for money laundering. In particular, they can be used for placement, layering and integration, combined with violations of the tax code. Most importantly, however, they are the vehicles for ...
Even though the Bank Secrecy Act (BSA) does not apply to real estate transactions (that do not involve a bank mortgage), the federal money laundering statutes (18 U.S.C. 1956 and 1957) apply to everyone when proceeds from a specified unlawful activity are being used. The director’s ...
New Zealand property markets have had problems with money laundering and foreign investment at times, which might have partially contributed to overheated real estate booms. Gatekeeper professions including real estate agents, lawyers and accountants were forced to address it via expanded AML regulatory ...
FORT LAUDERDALE— A Broward County mother and son were arrested and charged with money laundering this month after authorities found the two allegedly using real estate and shell companies with the earnings made through prostitution, court documents revealed. Christopher Jelavic, 48, w...
Govt to increase vigilance on real estate transactions to check cases of money laundering 2022-09-01: August 31: The government is considering increasing vigilance on the transactions of land and housing, suspecting the possibility of money launderin[..] Continue Reading Furniture and Furnishing...
in the papers, Success Real Estate, Inc., a 140 agent real estate firm based on the South Shore, suddenly closed on December 14, 2024, surrounded by allegations that its owner, Stephen Webster embezzled over $1 Million in escrow deposits, broker commissions, and personal loans from agents. ...
Kenya's efforts to curb money laundering face a tough challenge from lawyers, real estate agents, and notaries.
CARRIED INTEREST FIGHT GETS REAL: A coalition of trade groups representing various corners of the real estate world is warning congressional tax writers that making tweaks to the current treatment of carried interest and capital gains taxes would be detrimental to efforts to address housi...
图书Money Laundering in the Real Estate Sector 介绍、书评、论坛及推荐
The real estate industry is an industry that involves the development, ownership, and management of property. It consists of various players such as developers, architects, lenders, and property managers, who are involved in different phases of producing or managing real estate. This industry plays...