In "Siege: Trump Under Fire," author Michael Wolff explores the pervasive issue of money laundering within the real estate sector. He highlights how real estate has become a preferred method for laundering money, attracting those involved in illicit activities. This attractive property market allows individuals to disguise the origins of their funds effectively, facilitating hidden transactions.
Wolff's examination underscores the broader implications of this phenomenon, shedding light on the vulnerabilities within financial systems that enable such practices. By revealing how real estate plays a significant role in money laundering, he calls attention to the need for increased scrutiny and regulation in the property market to mitigate these unlawful activities.