New Jersey real estate investor and social media personality Cesar Humberto Pina, known online as “Flipping NJ,” pleaded guilty Thursday to four federal crimes arising from a multimillion-dollar investment fraud scheme, laundering drug proceeds and bribing a local...
A federal court in Texas vacated the Financial Crimes Enforcement Network’s (FinCEN) 2024 residential real estate reporting rule that required for title companies to report non-financed transfers to entities and trusts. The FinCEN rule requires title companies...
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued two rules designed to safeguard the residential real estate and investment adviser sectors from money laundering. The final residential real estate rule will require certain...
The U.S. Department of the Treasury issued a report that recommends a new rule that would require real estate professionals to identify potential money laundering schemes in the residential real estate markets. The “National Money Laundering Risk Assessment” report...
Real Estate Influencer Cesar Pina Pleads Guilty to Fraud, Money Laundering …
