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Real estate investors who pay cash could face more scrutiny from the federal government. The Treasury Department is proposing new regulations on shell companies, like LLC’s, as a way to crack down on money laundering through real estate deals. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Government’s Plan to Stop Money Laundering Deputy Secretary of the Treasury, Wally Adeyemo, discussed the government’s plan to fight corruption at the Brookings Institution. He addressed the issue by saying: “Corruption thrives in the financial shadows--in shell corporations that disguise owners’ true identities, in offshore jurisdictions with lax anti-money laundering regulations, and in complex structures that allow the wealthy to hide their income from government authorities.” (1) Adeyemo is proposing that countries around the world join this effort to separate the bad actors from the good ones, because many shell companies are perfectly