The real estate sector plays a crucial role in the global financial system. However, it is vulnerable to fraud, so the companies are responsible for protecting themselves and their clients from such risks. To achieve this, these organizations must implement robust monitoring mechanisms, provide staff training regularly, and respond swiftly to potential red flags. By doing so, they can help preserve the financial system’s integrity and maintain trust and security in the real estate sector.

This whitepaper sheds light on the pitfalls of non-compliance with AML/KYC regulations and common real estate sector fraud.