The risk of money laundering in residential real estate is high. That’s according to two U.S. senators who are calling for an investigation to probe the potential vulnerabilities of existing U.S. money-laundering provisions, according to the Wall Street Journal. Chris Van Hollen of Maryland and Sheldon Whitehouse of Rhode Island, both Democrats, sent a letter to the Government Accountability Office, saying the real estate sector has less far oversight when it comes to money laundering […]
source https://therealdeal.com/2018/10/03/senators-call-for-investigation-into-real-estate-money-laundering-law-vulnerabilities/
No comments:
Post a Comment