Ginte Serenaite 12/08/2020
Escrow in Real Estate: A Honeypot for Money Launderers
The real estate industry is frequently used as a conduit for money laundering activities. Every year, around $1.6 trillion of dirty money moves through this market – equivalent to 3% of the world’s GDP. In this article, we explore an important element within this topic – escrow (or trust) accounts.