Most articles go out of the way to have some boilerplate agreeing with what you just said ("of course there are perfectly legitimate uses" etc), but the fact re

Most articles go out of the way to have some boilerplate agreeing with what you just said ("of course there are perfectly legitimate uses" etc), but the fact remains that property bought in this fashion has caused enormous money laundering issues. I wouldn't call the recent articles on this hysterical at all. Furthermore this is requiring confidential reporting to the US financial intelligence unit, not public reporting.