👀👇- Members of Congress weigh in with the appeals court. FACT Coalition's Zorka Milin tells Reuters 'We applaud the lawmakers for making a strong stand for Congress’ constitutional powers to protect the US financial system from terrorists...' tax.thomsonreuters.com/news/corporate…

READ - Commercial real estate, where complexity meets opacity, presents important money laundering risks. Time for Treasury Department Financial Crimes Enforcement Network (FinCEN) to close this loophole. Check out the new report from FACT Coalition Global Financial Integrity Anti-Corruption Data Collective thefactcoalition.org/report/money-l…

📢New Report: Money Laundering Risks in Commercial Real Estate: An Analysis of 25 Case Studies.

Anti-Corruption Data Collective FACT Coalition

Full report: gfintegrity.org/report/money-l…

The FACT Coalition's Julia Yansura speaking today on why 🇺🇸 needs to clean up its dirty 💰to help combat illegal deforestation around the world. Great panel at the Forest Governance and Policy Annual Conference World Resources Inst #FGP24 Nature Crime Alliance thefactcoalition.org/report/dirty-m…

Where does this money end up?

In office buildings, plots of land, industrial sites, hotels, stores and developments across the U.S. There's even a horse training facility linked to one prominent case.

Among the cases we find fraudsters, drug traffickers, corrupt foreign officials, Russian oligarchs, professional money launderers, and other organized criminals.

🌍 The funds originate in 14 different countries.

14 of the cases involve politically exposed persons or oligarchs.

➡️U.S. commercial real estate is being used to facilitate corruption around the globe.

🔴New report!

We looked into 25 cases of highly suspicious or downright illegal funds entering the U.S. commercial real estate market.

The cases reveal > $2.6 billion in dirty money washing through the sector.

With Global Financial Integrity & FACT Coalition:

acdatacollective.org/work/money-lau…

GK: 'If Congress is concerned about the lack of awareness of the law, I would urge members of this Committee to support increased funding for FinCEN.”

Funding would ease increased business outreach & data verification for easy filing. See our statement:
thefactcoalition.org/wp-content/upl…

Starting now: FACT member Transparency International U.S.’s Gary Kalman testifies in House Committee on Small Business Democrats to discuss the value of the Corporate Transparency Act as a law enforcement and national security tool.
smallbusiness.house.gov/calendar/event…

The alchemy of crime and corruption allows South American countries to export 3.6x more gold than they produce
ojo-publico.com/especiales/lat…
Ian Gary FACT Coalition USAID/Peru The Sabin Center

#EarthDay - Financial crimes fuel environmental destruction and some dirty 💰from these crimes finds safe haven in 🇺🇸. Good reminder to financial institutions from Financial Crimes Enforcement Network (FinCEN) Treasury Department. fincen.gov/news/news-rele…

Nobel laureate Esther Duflo proposes taxing 3,000 billionaires to protect the world’s poorest from climate change—and most Americans likely agree with the plan fortune.com/2024/04/20/nob…

NEW: The Wall Street Journal covers FACT Coalition support for proposed Financial Crimes Enforcement Network (FinCEN) anti-money laundering requirements for real estate and private investment industries. Dylan Tokar wsj.com/articles/real-…

In the past two weeks:

- FACT's Zorka Milin and Erica Hanichak testified before Senate Budget Committee and the Senate Drug Caucus
- FACT+our allies joined a chorus of comments in support of Treasury Department's new #AML rules

...And more! Get all the updates here 👇
thefactcoalition.org/fact-applauds-…

BIG moves to combat dirty 💰coming into 🇺🇸. READ more in the latest FACT Coalition newsletter. thefactcoalition.org/fact-applauds-…

NEW - Bipartisan coalition of 25 attorney generals submit letter to Treasury Department supporting proposed regulation to tackle money laundering in real estate. oag.ca.gov/news/press-rel…

NEW - Bipartisan coalition of 25 attorney generals submit letter to Treasury Department supporting proposed regulation to tackle money laundering in real estate. oag.ca.gov/news/press-rel…

#OroSucioAmazonía 📍El oro extraído ilegalmente es tres veces más rentable que la cocaína, convirtiendo a la Amazonía en un punto crítico para el crimen organizado y la expansión de la minería ilegal.
👉bit.ly/4avpQEj👈

FACT, Allies Join Chorus of Support for Treasury’s Proposed Landmark Anti-Money Laundering Safeguards - Read the official comments from FACT Coalition to Financial Crimes Enforcement Network (FinCEN) Treasury Department thefactcoalition.org/fact-allies-jo…