USA: U.S. expands crackdown on secret real estate buyers

The government's crackdown on anonymous real estate buyers hiding behind shell companies seems to be working. In January, the Treasury Department announced a temporary initiative that requires title insurance companies to identify all-cash buyers of certain high-end real estate in Manhattan and Miami. Read more on: money.cnn.com
Source : USA: U.S. expands crackdown on secret real estate buyers