Articles by Sean Hundtofte and Ville Rantala:

A Change to Policy on All-Cash Housing Purchases Reveals How Anonymous Capital Can Distort Markets

Until 2016, anonymous buyers could purchase US real estate in cash through shell companies without reporting their real identities. But that year a new Treasury Department regulation closed this loophole in key US housing markets—and sparked an enormous drop in these types of transactions. The result points to how important anonymous capital flows are for global money launderers.  

Read more