No More Oversight?

With all the accolades that living in South Florida receives, there has always been a black shadow looming in the background, and its name is money laundering.   Last year the federal government identified specific areas around the country to focus on the laundering of money through the high-end real estate market. It came as no surprise that Miami-Dade, Broward and Palm Beach made the list.   The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued geographic targeting orders, or GTOs, to temporarily track activity and gather information on the main players and to find the identity of the actual […]

Posted on: 22 February 2017 | 12:10 pm