Research by Credas Technologies , the leading identity verification checks provider, reveals that the average Anti-Money Laundering (AML) fine handed to the estate agency sector has increased by 63.7%. However, while the average fine issued to estate agents has increased, the sector still ranks with some of the lowest fines issued when compared to other sectors.
Research by Credas Technologies , the leading identity verification checks provider, reveals that anti-money laundering registrations in the real estate sector are on course to grow by over 30% in 2022.
The real estate sector is a common target for criminals who are looking to launder money sourced through illegal activities. By funnelling dirty money into, for example, housing, it...
