13 Jan 2016

FinCEN Targets High-Value Real Estate Transactions in Miami and New York

The Financial Crimes Enforcement Network (FinCEN) issued on January 13, 2016, a  Geographic Targeting Orders (GTO) that will temporarily require certain U.S. title insurance companies to identify the natural persons behind companies used to pay all cash for high-end residential real estate in Manhattan, New York City, New York and Miami, Florida.

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