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U.S. Set to Unveil Long-Awaited Crackdown on Real Estate Money Laundering
Reuters, Aug. 10, 2023-Luc Cohen and Chris Prentice
The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency says allows corrupt oligarchs, terrorists and other criminals to hide ill-gotten gains.
https://www.reuters.com/world/us/us-set-unveil-long-awaited-crackdown-real-estate-money-laundering-2023-08-10/