A new report from The Treasury Department identifies the latest risks in money laundering.
Among the risks are unscrupulous real estate professionals – such as attorneys, title/escrow agents and mortgage brokers – who are well-placed to facilitate criminal schemes.
Read on for highlights from the National Money Laundering Risk Assessment 2018, which also cites anonymity in transactions and poor Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance programs as factors.
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