Home Politics Biden unveils anti-corruption strategy ahead of democracy summit

Biden unveils anti-corruption strategy ahead of democracy summit

6
0
SHARE

President Biden announced an anti-corruption strategy Monday that targets cash transactions for real estate that might be used to hide ill-gotten wealth and calls on hedge funds to watch out for money laundering.

The administration estimated that $2.3 billion was laundered through the U.S. real estate market from 2015 to …