Showing posts with label Treasury Department. Show all posts
Showing posts with label Treasury Department. Show all posts

Thursday, January 14, 2016

Treasury Department concerned about illicit money flowing into luxury real estate

Article Title: U.S. Will Track Secret Buyers of Luxury Real Estate
Snippet of Article: "...The initiative is part of a broader federal effort to increase the focus on money laundering in real estate. Treasury and federal law enforcement officials said they were putting greater resources into investigating luxury real estate sales that involve shell companies like limited liability companies, often known as L.L.C.s; partnerships; and other entities..."


Source: www.nytimes.com

[tag] Federal Employee News, Federal Civil Service, [/tag]