2019-12-18revealnews.org

Since 2016, FinCEN has issued geographic targeting orders requiring that the "beneficial owners" of residential real estate bought with cash be disclosed. The Treasury police started with six metro areas, then expanded to nine -- running from Los Angeles to New York, Miami to Seattle. Yet FinCEN insists on keeping that information secret.

...

Reveal is going to court. In a complaint filed Monday in the U.S. District Court in the Northern District of California by our general counsel, D. Victoria Baranetsky, Reveal argues that the government has "no lawful basis for declining to release the records" under FOIA. 

"The public and the press have a clear and abiding interest in knowing who owns property in their communities," the complaint states, "and keeping public officials accountable in their handling of this matter."''



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