Close menu
- Home
- About CW
-
Topics
- Back to parent navigation item
- Topics
- Accounting & Auditing
- AI
- AML
- Anti-Bribery
- Boards & Shareholders
- Culture
- ESG/Social Responsibility
- Ethics & Culture
- Europe
- Financial Services
- Internal Controls
- Regulatory Enforcement
- Regulatory Policy
- Risk Management
- Sanctions
- Surveys & Benchmarking
- Supply Chain
- Third Party Risk
- Whistleblowers
- Opinion
- Events
- Webcasts
- Research
- Membership
FinCEN Targets Money Laundering in Real Estate Deals
By Joe Mont2015-05-06T16:45:00
Image: Expect a greater focus on the use of real estate holdings as a vehicle for money laundering, Jennifer Shasky Calvery, director of FinCEN, said recently. The goal: “Make it more difficult for criminals to hide their purchases of luxury real estate through the use of shell companies.” Moreover, she ...
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
Article
Artifacts and artwork can collect trouble
2017-07-11T09:30:00Z By Joe Mont
Craft supply giant Hobby Lobby is in hot water for illegally importing historical artifacts. Other collections, including artwork, can also be a big problem for unsuspecting firms.
-
Article
As SEC targets EB-5 fraud, the visa program could raise money laundering risks
2016-03-29T09:30:00Z By Joe Mont
Image: A government program that grants visas to overseas investors is more popular than ever. The problem: Critics say it is rife with the potential for fraud and money laundering risks. “You can see which way the winds are blowing,” says Eric Berg, special counsel for Foley & Lardner. “The ...
-
Blog
FinCEN Takes Aim at Real Estate Industry
2016-01-25T13:15:00Z By Jaclyn Jaeger
Compliance officers, beware: the Financial Crimes Enforcement Network’s increasingly aggressive push to combat money laundering has entered a new phase, and this time it has its sights on high-end real estate transactions. “We are seeking to understand the risk that corrupt foreign officials, or transnational criminals, may be using premium ...
- Terms and Conditions
- Privacy Policy
- Do Not Sell My Info
- © 2025 Compliance Week
Site powered by Webvision Cloud