Cracking Down on Money Laundering

Buying mega-mansions in Los Angeles is about to get a little more complicated for international ne'er-do-wells. The Treasury Department just announced a new rule that makes it harder for people to anonymously buy houses worth millions of dollars. The rule has to do with shell companies, money laundering, and international crime.

Credits

Guest:
Heather Lowe - Global Financial Integrity - @GFI_Tweets

Host:
Madeleine Brand

Producers:
Matt Holzman, Anna Scott, Jolie Myers, Christian Bordal, Sarah Sweeney