money laundering http://wlrn.org en What $57M In Federal Asset Seizures Might Say About South Florida http://wlrn.org/post/what-57m-federal-asset-seizures-might-say-about-south-florida <p></p><p><span style="line-height: 1.5; ">In the last year, over $57 million in illegal assets relating to federal cases in South Florida have been seized by the United States government, according to data provided by the U.S. Attorney’s office in South Florida.</span></p><p>$57,321,390.40 to be exact.</p> Tue, 24 Sep 2013 18:58:01 +0000 Nathaniel Sandler 21070 at http://wlrn.org What $57M In Federal Asset Seizures Might Say About South Florida How Drugs May Be Helping Miami’s Real Estate Rebound http://wlrn.org/post/how-drugs-may-be-helping-miami-s-real-estate-rebound <p></p><p><span style="line-height: 1.5; ">For 18 months straight South Florida home prices have been rising. One reason is cash. For every 10 homes sold in July in our region, seven were bought with cash: no mortgage, no credit check.</span>&nbsp;&nbsp;</p><p><span style="line-height: 1.5;">Moreover, 90 percent of the cash buyers of Miami condos are foreign, which often means less financial oversight is involved in the purchase.</span></p> Tue, 03 Sep 2013 11:00:00 +0000 Elaine Chen 19959 at http://wlrn.org How Drugs May Be Helping Miami’s Real Estate Rebound What Kind Of Money Fuels The Miami Real Estate Market? http://wlrn.org/post/what-kind-money-fuels-miami-real-estate-market <p></p><p>The housing recovery has come fast to South Florida. But some are concerned that the cash-fueled rebound here may be relying, in part, on dirty money.&nbsp;</p><p> Fri, 30 Aug 2013 16:00:00 +0000 Elaine Chen 19845 at http://wlrn.org What Kind Of Money Fuels The Miami Real Estate Market?