Kleptocrats / criminals could not buy real estate / real estate transactions could be transparent
By Hicbd
Mon Feb 6 2023 9:06 am
"But despite this international crusade against kleptocracy, countries have been struggling to find and seize these billionaires’ most important asset: real estate. In the United States, as in many countries, real estate is an attractive investment for kleptocrats looking to park dubiously sourced money, as it continues to be one of the least transparent industries. This lack of transparency, and the flood of corrupt and illegal cash that it invites into an industry that touches every element of American society both undermines the United States’ ability to levy sanctions to stop international conflicts."
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