Feds Closely Watching Local Property Deals For Signs Of Money Laundering

The federal government is heightening its scrutiny of dirty money flowing into Hawaii real estate. The Financial Crimes Enforcement Network, a branch of the U.S. Department of the Treasury, has begun requiring title companies on Oahu, Maui, Big Island and Kauai to report the identities of the true owners for all-cash purchases of residential real … Continue reading Feds Closely Watching Local Property Deals For Signs Of Money Laundering