FinCEN (Financial Crimes Enforcement Network) Modifies GTOs for Reporting Cash Purchases
By
Mike Berey on December 3, 2019
FinCEN has issued Geographic Targeting Orders (“GTOs”) requiring 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 New York City, Broward, Palm Beach and ...
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Topics: FinCEN wire fraud
FinCEN Extends Reporting Requirements for Entity Purchases of High-End Real Estate
By
Mike Berey on September 5, 2017
FinCEN has issued Geographic Targeting Orders (“GTOs”) requiring “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 New York City, Miami-Dade County ...
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Topics: FinCEN
FinCEN Reporting Requirements Extended
By
Mike Berey on May 9, 2017
On January 13, 2016 FinCEN issued Geographic Targeting Orders (“GTOs”) requiring “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 the Borough of ...
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Topics: FinCEN
Title Company Reporting Required by FinCEN Expanded
By
Mike Berey on August 15, 2016
As reported in a post to CRE Insider on March 29, 2016, the United States Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued Geographic Targeting Orders (GTO) on January 13, 2016 requiring “certain U.S. title insurance companies ...
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Topics: FinCEN
Title Company Reporting Required by FinCEN
By
Mike Berey on March 29, 2016
The United States Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) on January 13, 2016 issued Geographic Targeting Orders (“GTOs”) requiring “certain U.S. title insurance companies to identify the natural persons behind companies ...
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Topics: FinCEN