Since large sums of money can be laundered in a single transaction, criminals like to use the buying and selling of properties to clean their illegally acquired funds making real estate agencies and property firms vulnerable targets in the process....

The latest report from HMRC on businesses who have received a fine in the period from 1/2/2020 – 20/09/2020 shows the highest enforcement issued was £23.8m to a firm for failure to have controls, policies and processes, customer due diligence...

Online estate agency Purplebricks has been fined more than £260,000 by HM Revenue & Customs for violating money-laundering rules.

HMRC officers visited 50 estate agents across England after they were suspected of trading without being registered as required under money laundering regulations.

PropertyVine has entered the cryptocurrency market, announcing that vendors and landlords will now be able to pay for its service using Bitcoin and other virtual currencies.