A Shared backyard with a row of townhouse. 2.25M view for the townhouse owner.
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积极发言
2019-07-15 08:16
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4
精明啊,净利润有多少?100%?
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fan nao
2019-07-15 19:14
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2
挖一挖, 说不定这业主是政府官员或家属, 不然怎么得到批文啊
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blueface
2019-07-15 19:27
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这么小个房子建造成本有限。5-60万了不起了。
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Alan Chen
2019-07-16 19:09
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小编绝对是屌丝一枚。 又羡慕又酸的。
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星洲炒米
2019-07-15 12:59
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Some common methods in which criminals launder illicit funds through real estate.
Method 1 – use of third parties
Criminals may buy real estate using a third party or family member (often someone with no criminal record) as the legal owner. Property is either purchased on their behalf, or proceeds of crime are deposited into their bank account to make the purchase. This method allows criminals to avoid direct involvement in the money laundering process.
Method 2 – Use of loans and mortgages
Loans and mortgages can be used as a cover for laundering proceeds of crime, and their repayment can be used to mix illicit with legitimate funds.
Method 3 – Manipulation of property values
Criminals can collude with third parties such as real estate agents to under or overestimate the value of a property.
Under-valuation
Under-valuation involves recording the property value on a contract of sale which is less than the actual purchase price. The difference between the contract price of the property and its true worth is paid secretly by the purchaser to the vendor using illicit funds. The criminal (purchaser) is able to claim that the amount disclosed in the contract as having been paid is within their legitimate financial means. If the property were sold at the market or higher value, the apparent profits would serve to legitimise the illicit funds. This method is also used to pay less stamp duty.
Over-valuation
Criminals may overvalue real estate with the aim of obtaining the largest possible loan from a lender. The larger the loan, the greater the amount of illicit funds that can be laundered to service the debt.
Successive sales at higher values
Criminals may further confuse the audit trail by reselling property in quick succession. The property is sold at a higher value, either to related or acquainted third parties, or to companies or trusts controlled by the criminal. This gives an appearance of seemingly legitimate profits while the criminal maintains ultimate control over the property.
Method 4 – Structuring of cash deposits to buy real estate
Criminals deposit cash below the $10,000 reporting threshold across different banks/branches to avoid triggering threshold transaction reports to for example CRA. The funds are then used to obtain bank cheques to buy real estate.
Method 5 – Rental income to legitimise illicit funds
Criminals lease out their properties, providing tenants with illicit funds to cover the rental payments, in order to legitimise the illicit funds.
Criminals may also buy property in a third party’s name and pay that third party rent using illicit funds. By ‘renting’ their own property via a third party, criminals can disguise illicit funds and ownership.
Method 6 – Purchase of real estate to facilitate other criminal activity
Criminals may buy property using illicit funds to conduct criminal activity at the property, such as the production of drugs. The revenue generated may then be used to buy additional properties in an effort to disguise the original source of the funds.
Method 7 – Renovations and improvements to property
Criminals use illicit funds to pay for renovations, thereby increasing the value of property. The property is then sold at a higher price.
Method 8 – Use of front companies, shell companies, trust and company structures
Front companies, shell companies, trusts and company structures established can be used to launder money through real estate. Property held in the name of one of these companies allows criminal to distance themselves from ownership.
Method 9 – Use of professional facilitators
Professionals such as lawyers, accountants, real estate agents, financial advisers and trust and company service providers may assist criminals to launder money through real estate by:
-establishing and maintaining domestic or offshore legal entity structures – for example, trusts or companies
facilitating or conducting transactions on behalf of the criminal
-receiving and transferring large amounts of cash
-establishing complex loans and other credit arrangements
-introducing criminals to financial institutions
-facilitating the transfer of ownership of property to third parties.
业主闷声发大财 70万买房推倒重建卖3倍还拐弯