Fincen

FinCEN Files Reveal $2 Trillion in Suspicious Banking Transactions

2020-09-20 00:00:00 +0000 UTC | Importance: 9/10

BuzzFeed News and the International Consortium of Investigative Journalists published the FinCEN Files, revealing more than $2 trillion in suspicious banking transactions reported to the U.S. Financial Crimes Enforcement Network between 1999 and 2017. The files contained over 2,100 Suspicious …

FinCEN BuzzFeed News International Consortium of Investigative Journalists (ICIJ) Deutsche Bank HSBC +4 more money-laundering banking financial-crime regulatory-failure suspicious-transactions +2 more

Anonymous LLCs Enable $300B+ Annual Russian Money Flow into US Real Estate

2014-01-01 00:00:00 +0000 UTC | Importance: 9/10

By 2014, anonymous Limited Liability Companies (LLCs) and shell companies had become the primary infrastructure enabling Russian oligarchs and other kleptocrats to launder an estimated $300 billion or more annually into US real estate. Unlike most developed nations, the United States imposed no …

U.S. Treasury FinCEN Russian Oligarchs US real estate industry money-laundering russian-oligarchs real-estate shell-companies fincen +3 more