Miami
Trio charged with defrauding real estate investors out of $155M
Federal prosecutors in New York criminally charged a trio from a Miami-based company with allegedly scamming investors out of...
Money Laundering
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Miami
These Miami properties play cameo roles in “Cocaine Cowboys: The Kings of Miami”
Cocaine, money and real estate. This was the holy trinity that Miami high-rollers worshipped from the late 1970s to...
Swiss banker’s sentence slashed in alleged $1B Venezuelan money laundering scheme
A Swiss banker’s sentence was cut for his role in an alleged $1 billion international money laundering scheme that...
National
Prosecutor pushes for more LLC transparency
A month after a federal law required more transparency on real estate transactions, Manhattan District Attorney Cyrus Vance wants it expanded. Vance is requesting the Treasury Department mandate more reporting from special purpose entities...
National
Full disclosure: New law requires shell companies reveal true ownership
A new law that targets wealthy buyers who scoop up high-priced homes and commercial properties through anonymous shell companies...
Miami
Leaked bank documents show South Florida real estate’s alleged ties to money laundering
A group of South Florida property owners’ alleged ties to global money laundering are revealed in newly leaked bank...
UWS condo caught up in bribery scandal tied to world’s smallest republic
UPDATED, July 22, 2020, 1:00 p.m.: An Upper West Side condo is entangled in an international money laundering investigation....
Miami
Father of “Property Wars” star pleads guilty to bank fraud
The battle is one step closer to coming to an end for the father of a “Property Wars” reality...
Miami
US government sells Palm Beach home of convicted Venezuelan money launderer
The federal government sold a high-end Palm Beach home that belonged to former Venezuelan treasurer and convicted money launderer...
Miami
Florida Legislature passes bill that could boost foreign investment in real estate
The Florida Legislature recently passed a bill that would make remote online notarizations legal, a move that could speed...