ALTA Issues Statement on FinCEN's Announcement
August 22, 2017
August 22, 2017
WASHINGTON, Aug. 22 -- The American Land Title Association issued the following statement in response to the Treasury Financial Crime Enforcement Network's announcement that it will extend and broaden its Geographic Targeting Orders to include transactions involving wire transfers:
"Since January 2016, ALTA members have collected this essential information to help FinCEN identify money laundering schemes and the illegal purchase of real estate," said Michelle Korsmo, ALTA' . . .
"Since January 2016, ALTA members have collected this essential information to help FinCEN identify money laundering schemes and the illegal purchase of real estate," said Michelle Korsmo, ALTA' . . .