Boy, 11, Hacks into Replica U.S. Vote Website in Minutes

(Reuters) – An 11-year-old boy managed to hack into a replica of Florida’s election results website in 10 minutes and change names and tallies during a hackers convention, organizers said, stoking concerns about security ahead of nationwide votes.

** 11-Year Old Emmett Brewer Hacks Into Replica US Vote ... photo

The boy was the quickest of 35 children, ages 6 to 17, who all eventually hacked into copies of the websites of six swing states during the three-day Def Con security convention over the weekend, the event said on Twitter on Tuesday.

The event was meant to test the strength of U.S. election infrastructure and details of the vulnerabilities would be passed onto the states, it added.

The National Association of Secretaries of State – who are responsible for tallying votes – said it welcomed the convention’s efforts. But it said the actual systems used by states would have additional protections.

“It would be extremely difficult to replicate these systems since many states utilize unique networks and custom-built databases with new and updated security protocols,” the association said.

The hacking demonstration came as concerns swirl about election system vulnerabilities before mid-term state and federal elections.

U.S President Donald Trump’s national security team warned two weeks ago that Russia had launched “pervasive” efforts to interfere in the November polls.

Participants at the convention changed party names and added as many as 12 billion votes to candidates, the event said.

“Candidate names were changed to ‘Bob Da Builder’ and ‘Richard Nixon’s head’,” the convention tweeted.

The convention linked to what it said was the Twitter account of the winning boy – named there as Emmett Brewer from Austin, Texas.

A screenshot posted on the account showed he had managed to change the name of the winning candidate on the replica Florida website to his own and gave himself billions of votes.

The convention’s “Voting Village” also aimed to expose security issues in other systems such as digital poll books and memory-card readers.

***

Mark Earley, the elections supervisor in Leon County who is a cybersecurity liaison between state and local officials, questioned how outsiders could obtain the security protocols used by Florida if they weren’t already behind the system’s firewalls. He said that all this “hacking noise” and “misinformation plays into the hands of the folks who are trying to undermine democracy.”

Jeff Kosseff, a lawyer and assistant professor at the United States Naval Academy Cyber Studies Department, said states are struggling with election security threats. He said they should work with outsiders in order to see if there are flaws in their systems.

“All states should look at this as a wake-up call,” Kosseff said. “What were the shortcomings identified and how they can fix it. I don’t think it should be an adversarial.”

So, What Really Goes in Space to Have a Space Force?

Primer: Did you know there is something called the OuterSpace Treaty? Yup, it covers arms control, verification and compliance. Sounds great right? Problem is it is dated 2002.

Then there is the NASA summary of the 1967 Space Treaty.

GPS is operated and maintained by the U.S. Air Force. GPS.gov is maintained by the National Coordination Office for Space-Based Positioning, Navigation, and Timing.

Like the Internet, GPS is an essential element of the global information infrastructure. The free, open, and dependable nature of GPS has led to the development of hundreds of applications affecting every aspect of modern life. GPS technology is now in everything from cell phones and wristwatches to bulldozers, shipping containers, and ATM’s.

GPS boosts productivity across a wide swath of the economy, to include farming, construction, mining, surveying, package delivery, and logistical supply chain management. Major communications networks, banking systems, financial markets, and power grids depend heavily on GPS for precise time synchronization. Some wireless services cannot operate without it.

GPS saves lives by preventing transportation accidents, aiding search and rescue efforts, and speeding the delivery of emergency services and disaster relief. GPS is vital to the Next Generation Air Transportation System (NextGen) that will enhance flight safety while increasing airspace capacity. GPS also advances scientific aims such as weather forecasting, earthquake monitoring, and environmental protection.

Finally, GPS remains critical to U.S. national security, and its applications are integrated into virtually every facet of U.S. military operations. Nearly all new military assets — from vehicles to munitions — come equipped with GPS.

***

There is a robust debate within Washington and the Pentagon if whether or not a new branch of Armed Services is really needed. Presently, the Air Force has most exclusive authority of all things space except for research and exploration which is performed by NASA.

There is even a debate within the Air Force which was raised last February.

US Air Force Chief of Staff General David L. Goldfein predicted it’ll only be a “matter of years” before American forces find themselves “fighting from space.” To prepare for this grim possibility, he said the Air Force needs new tools and a new approach to training leaders. Oh, and lots of money.

“[It’s] time for us as a service, regardless of specialty badge, to embrace space superiority with the same passion and sense of ownership as we apply to air superiority today,” he said.

These are some of the strongest words yet from the Air Force chief of staff to get the Pentagon thinking about space—and to recognize the U.S. Air Force as the service branch best suited for the job. “I believe we’re going to be fighting from space in a matter of years,” he said. “And we are the service that must lead joint war fighting in this new contested domain. This is what the nation demands.”

The USAF and other military officials have been saying this for years, but Goldfein’s comments had an added sense of urgency this time around. Rep. Mike Rogers, the Strategic Forces Subcommittee chairman, recently proposed the creation of a new “Space Corps,” one that would be modeled after the Marines. The proposed service branch, it was argued, would keep the United States ahead of rival nations like Russia and China. The idea was scrapped this past December—at least for now. Needless to say, Rogers’ proposal did not go over well with the USAF; the creation of the first new uniformed service branch in 70 years would see Pentagon funds siphoned away from the Air Force. Hence Goldfein’s speech on Friday, in which he argued that the USAF is the service branch best positioned to protect American interests in space.

But in order to protect “contested environments,” the US Air Force will need to exercise competency in “multi-domain operations,” he said. This means the ability to collect battlefield intelligence from “all domains,” including air, ground, sea, cyber, and space. “I look forward to discussing how we can leverage new technology and new ways of networking multi-domain sensors and resilient communications to bring more lethality to the fight,” said Goldfein.

Indeed, the USAF has plenty of work to do make this happen, and to keep up with its rivals. China, for example, recently proposed far-fetched laser-armed satellite to remove space junk, while also demonstrating its ability to shoot down missiles in space. Should a major conflict break out in the near future, space will most certainly represent the first battlefield.

“When you think of how dependent the US military is on satellites for everything from its communication and navigation to command and surveillance, we are already fighting in space, even if it’s not like the movies depicted,” Peter W. Singer, fellow at New America and author of Ghost Fleet: A Novel of the Next World War, told Gizmodo. “If we were ever to fight another great power, like a China or Russia, it is likely the opening round of battle would be completely silent, as in space no one would hear the other side jamming or even destroying each other’s satellites.”

To prepare the United States for this possibility, Goldfein said the Air Force needs to invest in new technologies and train a new generation of leaders. On that last point, the CSAF ordered Lt. Gen. Steven Kwast, the commander of Air Education and Training Command, to develop a program to train officers and non-commissioned officers for space ops. “We need to build a joint, smart space force and a space-smart joint force,” Goldfein said.

As reported in SpaceNews, the USAF is asking for $8.5 billion for space programs in the 2019 budget, of which $5.9 billion would go to research and development, and the remaining for procurement of new satellite and launch services. Over next five years it hopes to spend $44.3 billion on development of new space systems, which is 18 percent more than it said it would need last year to cover the same period.

 

Night Wolves, Putin’s Hells Angels

The Slovak foreign ministry says it is “disturbing” that the Night Wolves – a Russian nationalist biker gang close to President Vladimir Putin – now have a base in Slovakia.

The base has old military vehicles and lies in Dolna Krupa, a village 70km (44 miles) from the capital Bratislava.

The Russian government calls it the Night Wolves’ “European headquarters”.

The bikers are under US sanctions, accused of providing military help for the pro-Russian rebels in Ukraine.

Russian Nationalist biker gang Night Wolves set up base in ...  story/photo

 

So close in fact, Putin rode with them and endorses the group.

Earlier this year, the Night Wolves did a 9 day tour. Bosnia? Yes.  Members of the Night Wolves motorcycle gang visiting a monastery in Serbia. The gang’s tour, funded with a grant from the Kremlin, was billed as a “pilgrimage” meant to showcase the shared Orthodox faith of Russia and the region.CreditLaura Boushnak for The New York Times

Heck, the rode through the Balkins.

The Night Wolves billed their tour, funded with a $41,000 grant from the Kremlin, as a “pilgrimage” meant to showcase the shared Orthodox faith of Russia and the region, at least the bits of it inhabited by ethnic Serbs like Republika Srpska, which is legally part of Bosnia and Herzegovina.

***

Performances organized by the Russian hyper-patriotic biker club Night Wolves stand as prime examples of the Kremlin’s new take on old propaganda efforts. Their spectacles tend to display the full gamut of the Kremlin’s imagery and messaging, from the evil of the United States and Ukrainians to the glorification of the Russian Orthodox Church and the Russian military.

An analysis of Night Wolves spectacles reveals how the Kremlin’s agent provocateurs make use of the fuzzy lines between patriotism, pro-Putinism, Russian Orthodoxy, civic/national duty, and militarism. The purposes of these anti-American scripts are many, not least of which is to garner psychological and physical support for the motherland one way or the other, especially during the Euromaidan era, but also to create a sense of Russian identity, which has been vacuous since the early 1990s. The alarming aspect is that these types of fantastical attractions can transform patriotic attendees into actual networks of gun-toting Russian combatants, which may be part of the government’s objective. Read more here, chilling operation concocted by the Kremlin.

Rock videos supporting the Night Wolves? Yes, glad you asked.

 

Did they have some role in Crimea and Ukraine? Yup. In 2014:

As night fell on Friday , there were signs that the Ukrainian peninsula of Crimea was slipping beyond Kiev’s reach. The parliament remained under siege by pro-Russian protesters, armed men of unknown allegiance were guarding the airports and the Night Wolves, a biker gang with close ties to the Kremlin, blockaded the roads.

Three hundred men in military uniforms with no identifying insignia had entered the Sevastopol airport compound on Thursday night, witnesses said, in what Ukraine’s new interior minister, Arsen Avakov, described as a “military invasion and occupation”.

***

In 2014, the U.S. Treasury added the Night Wolves to the sanctions list due to Crimea and in violation of the Minsk Agreement.

The Night Wolves biker group had its members serve in the Crimean self-defense forces as early as February 2014, which supported local Crimeans against the Government of Ukraine. In March 2014, the Night Wolves conducted intimidation and criminal activities within Ukraine and also abducted and subsequently assaulted a Ukrainian Border Guard official. This biker group also participated in the storming of the gas distribution station in Strikolkove and the storming of the Ukrainian Naval Forces Headquarters in Sevastopol. In early-April 2014, the Night Wolves helped smuggle a former senior Ukrainian official out of Ukraine and also helped obtain Russian passports for another larger group of senior Ukrainian officials that they helped get into Russia. The Night Wolves have been closely connected to the Russian special services, have helped to recruit separatist fighters for Donetsk and Luhansk, Ukraine, and were deployed to the cities of Luhansk and Kharkiv. The Night Wolves group is being designated because it is an entity that is responsible for or complicit in, or has engaged in, directly or indirectly, actions or policies that threaten the peace, security, stability, sovereignty, or territorial integrity of Ukraine.

Aleksandr Zaldostanov, also known as “the Surgeon,” is the leader of the Night Wolves. Zaldostanov chairs the overall Night Wolves organization, and some of his responsibilities include the punishing of chapter groups and members for disloyalty to the Night Wolves organization. During the late-March storming of the Ukrainian Naval Forces Headquarters in Sevastopol, he coordinated the confiscation of Ukrainian weapons with the Russian forces. Zaldostanov is being designated for being a leader of a group, the Night Wolves, that is engaging in, directly or indirectly, actions or policies that threaten the peace, security, stability, sovereignty, or territorial integrity of Ukraine.

 

 

Finally U.S. Sanctions Turkey over U.S. prisoners

Primer:

Ankara for years has been providing support to Hamas, Iran, ISIS, al Queda and Libya jihadists, yet it’s this incredibly stupid decision to hold an American hostage that has ultimately earned Turkey its first US sanctions.

U.S. Prepares List of Turkey Economic Sanctions Targets

The U.S. has prepared a list of Turkish entities and individuals to target should it decide to impose sanctions on Recep Tayyip Erdogan’s government for imprisoning U.S. citizens and employees of its diplomatic mission, according to two people with knowledge of the matter.

The lira slid.

While negotiations to release one of the people, evangelical Pastor Andrew Brunson, are ongoing, the preparation of the so-called “designation packages” shows how close the U.S. has come to imposing unprecedented penalties against a NATO ally. The sanctions are modeled on those against the Russian government and oligarchs close to President Vladimir Putin, the people said, asking not to be named because of the sensitivity of the issue.

The U.S. has extended deadlines this week to release Brunson or face sanctions, according to Turkish and U.S. officials familiar with the talks. The people and entities determined in the designation packages would need to be approved by the Treasury secretary and secretary of state.

The sanctions are being prepared under the Global Magnitsky Act of 2016, which allows the U.S. government to target individuals, companies or other entities involved in corruption or human-rights abuses anywhere in the world. Sanctions under the act allow for the seizure of assets in the U.S., travel bans and prohibitions on doing business with U.S. entities.

Lira Plunges

Turkey’s lira plunged to a record low of 4.9985 after Bloomberg News reported the possible sanctions, extending its decline to 4.5 percent since July 26, when Vice President Mike Pence threatened sanctions over the Brunson case. Yields on Turkey’s 10-year debt hit a record 18.86 percent on Tuesday. The Borsa Istanbul 100 index has lost 36 percent in dollar-adjusted terms this year, the second-worst performance in the world after Venezuela.

A U.S. Treasury spokesman didn’t immediately reply to an emailed request for comment.

The scope of the sanctions highlights the disconnect between Washington and Ankara as they try to negotiate a way out of the deadlock, with Turkish officials still apparently believing the Trump administration is bluffing.

Bankers who have met with Turkish officials say the sanctions threats are not being taken seriously in Ankara, even as they risk cutting off financing to an economy dependent on imported capital. For their part, U.S. officials’ patience with Turkey’s negotiating tactics is wearing thin.

‘Hostages’

Within the State Department, Brunson and other prisoners including NASA scientist Serkan Golge and three Turkish employees of the U.S. mission to Turkey are referred to as “hostages.” The U.S. says they’re innocent and being held by Turkey for the sole purpose of extracting concessions on other points of tension in the U.S.-relationship.

The two countries have quarreled over a panoply of foreign policy issues that have driven the onetime allies to outright hostility. Foremost among them are differences over policy in Syria and Iran, Turkish suspicions about the U.S. response to a 2016 coup attempt against Erdogan, and the Turkish leadership’s budding friendship with Putin.

The Magnitsky sanctions under consideration could be just the start of what would look like a U.S. assault on Turkey’s vulnerable economy. The U.S. is also considering a hefty fine on state-run lender Turkiye Halk Bankasi AS for its role in evading U.S. sanctions targeting Iran’s nuclear program, and it would impose sanctions on Turkey when it receives delivery of a missile defense system from Russia, expected in 2019.

Deal Fails

As of last week, the Americans thought they had a deal that would bring Brunson home, according to accounts by officials on both sides of the matter. In return for the release of evangelical pastor, who’s been imprisoned for almost two years on charges including involvement in the failed coup, the U.S. administration would recommend a lenient fine on Halkbank. The U.S. also offered to send Mehmet Hakan Atilla, a former executive at the bank who’s been jailed in the U.S., back to Turkey to serve out the rest of his term.

As a final sweetener to the Turks, U.S. President Donald Trump said he’d get Israeli Prime Minister Benjamin Netanyahu to release a Turkish citizen, Ebru Ozkan, who’d been arrested in Israel on accusations of abetting Hamas. Netanyahu did it, and Ozkan was sent back to Turkey on July 16.

The Americans waited for Erdogan to deliver on his side of the deal: Brunson was to be released and then deported at a hearing on July 18. Instead, Turkey changed the conditions of the agreement at the last minute, with Foreign Minister Mevlut Cavusoglu interjecting to demand that any probe of Halkbank be dropped, according to Turkish and U.S. officials. The deal fell apart and Brunson was moved to house arrest.

The Americans had been carrying out the negotiations through a backchannel with a person close to Erdogan, according to people familiar with the matter. But they have had a difficult time gauging whether or not the Turkish side fully comprehends the possible consequences of U.S. sanctions on Turkey’s economy.

That’s made it harder for the U.S. to take decisive action as the U.S. is reluctant to take action that could risk tanking the economy of a nominally allied country, or bringing down its banking system. Turkish companies and banks depend on foreign capital to plug one of the world’s largest current-account deficits, which requires about $200 million a day in foreign financing.

Ironically, the damage that U.S. action could do to Turkey makes it more hesitant to act and strengthens Turkey’s negotiating position, according to Asli Aydintasbas, an Istanbul-based senior policy fellow at the European Council on Foreign Relations.

“I have seen this over and over in this relationship going back two decades, on a much smaller scale,” Aydintasbas said. “The price of actually doing something is so big that Turkey has a psychological advantage. It’s as if they have more power, whereas it’s the other way around.”

Legislation Proposed on Front Co.’s/Foreign Investment

Frankly, Britain has a much worse issue, but big hat tip to Senator Rubio. There are cities in America which are pockets of some nasty dark money in real estate.

There needs to be some real reform to CFIUS, Committee for Foreign Investment in the United States.

Crackdown on dirty money shook Miami real estate. Now, Rubio wants to take it national

In a move with significant implications for the U.S. housing market, Florida Republican Sen. Marco Rubio is seeking to take a Treasury Department crackdown on dirty money in luxury real estate and expand it from a few high-priced enclaves to the entire nation.

Rubio says his proposal is an attempt to root out criminals who use illicit funds and anonymous shell companies to buy homes — a form of money laundering that hides the cash’s tainted origin from law enforcement and banks. The widespread practice enables terrorism, sex trafficking, corruption, and drug dealing by providing an outlet for dirty cash, according to transparency advocates.

Through an amendment to an unrelated major spending bill, Rubio will ask Treasury to study whether government regulators should force shell companies that buy homes priced at $300,000 or more in cash nationwide to disclose their owners. That could be a figure as high as 10 percent of the nation’s real-estate deals.

A similar reporting requirement affecting transactions priced at $1 million or more has already had a chilling effect on all-cash corporate sales in Miami-Dade County, which has been under Treasury’s microscope since 2016.

“Shell companies involved in shady activities are a big problem, especially throughout South Florida,” Rubio said in a statement to McClatchy and the Miami Herald. “With this provision, a study would be conducted to look at requiring all shell companies that make cash transactions, regardless of their area, to disclose their identities.”

The amendment builds on a previous Treasury disclosure order that applied only to certain markets, including South Florida.

That order — which forced shell companies buying homes with cash to reveal their true owners to the government — has been in place in some areas since March 2016 at various price points. Its effects were immediate and stunning. As soon as the order took hold, shell companies buying homes with cash dropped off the map, a recent study by academic economists found. In Miami-Dade, the number of corporate cash sales plummeted 95 percent, although a strong overall market suggests creative buyers found ways to circumvent the rules, researchers said.

Before the crackdown, corporate cash sales accounted for roughly a third of home-sale volume in Miami-Dade, which is popular with foreign investors.

The amendment has the support of the top Democrat on the Senate Finance Committee, Oregon’s Ron Wyden, as well as Rhode Island Democratic Sen. Sheldon Whitehouse. Both have tried to widen disclosure of true owners of shell companies, which can be listed in the names of lawyers, accountants, and other fronts. The lack of corporate transparency frustrates law-enforcement officials, who say it stymies their investigations.

A vote is expected on the overall bill as soon as this week, Rubio’s office said.

The powerful real-estate industry has fought attempts from the government to have it act as a watchdog against money laundering, as banks, precious-metals dealers, money-service businesses, and other financial institutions are required to do. Many Realtors and developers say their clients are simply wealthy buyers seeking privacy, not criminals.

But over the past two years, Treasury has moved with force into what had been a largely unregulated sector of the U.S. financial system. Starting in Miami-Dade County and Manhattan two years ago, Treasury’s Financial Crimes Enforcement Network (FinCEN) began requiring anonymous shell companies to disclose their true owners when they bought pricey homes with cash.

The temporary directives — called “geographic targeting orders” or GTOs — were later expanded to other housing markets in Florida, New York, Texas, California, and Hawaii where foreign and anonymous investors are gobbling up real estate and driving up prices. The rules require title agents to identify the owners of shell companies buying homes with cash and disclose their names to the federal government.

“The GTOs are working, and it’s time they were expanded. Laundering money through real estate isn’t new, but [what is new is] an effective approach to combat dirty money,” said Clark Gascoigne, deputy director of the Financial Accountability and Corporate Transparency (FACT) Coalition, a watchdog nonprofit.

Rubio’s proposal to take the project national, Gascoigne added, “sends a strong message that we’re serious about protecting the U.S. financial system, the real-estate market, and communities across the country.”

Stephen Hudak, a spokesman for FinCEN, declined to comment.

Cracking down

The Rubio amendment asks Treasury to consider expanding the FinCEN directive to include all cash real-estate transactions over $300,000 anywhere in the United States.

It would give Treasury 180 days to submit a study to Congress providing details about the data that has been collected by FinCEN since 2016 and how it is being used. The agency is also being asked to determine if it needs more authority to combat money laundering and whether expanding the targeting order would be of use. In addition, FinCEN is asked if a registry of company owners — something supported by a bipartisan cast of federal legislators — would help authorities fight money laundering, tax evasion, election fraud, and other illegal activities.

Previously, the FinCEN disclosure requirement kicked in for corporate cash sales that were priced at $3 million or higher in New York City, $1 million or higher in Miami-Dade, Broward, and Palm Beach, and at different price points in other states. In May, FinCEN enacted a new directive that secretly lowered the number to $300,000 in all GTO areas. Sources familiar with the agency’s thinking say the new order was kept confidential because regulators don’t want to give money launderers a road map for structuring their transactions to avoid reporting.

Rubio’s amendment would start at that lower price point, covering a major chunk of home sales nationwide. Last year, the median U.S. home sold for a price of $247,200, according to the National Association of Realtors.

A cash transaction is one in which there is no mortgage and the property is purchased outright. Cash doesn’t just mean stacks of greenbacks; it also includes such financial instruments as wire transfers, checks, and money orders. Unlike mortgages, cash deals don’t involve heavy scrutiny from banks, which can identify potential money laundering and file suspicious-activity reports to the feds.

The 2016 publication of the Panama Papers spotlighted how anonymous shell companies in faraway tax havens were used to camouflage property purchases in the United States by politicians, drug traffickers, and financial fraudsters. Housing analysts argue that the flow of anonymous money is driving up prices.

“There’s hardly a metropolitan area in the country that is not experiencing a real public-policy issue regarding affordable housing,” said Ned Murray, a housing expert and associate director of Florida International University’s Metropolitan Center. “The whole focus of the real-estate industry is on … supplying homes for wealthy investors that we don’t know much about. It really is a factor for prices and supply.”

Much of the world has responded to the threat of corruption in real estate by requiring greater ownership disclosure. The United States has done relatively less, although Rubio’s amendment could help close the gap.

Those operating in the shadows of the real-estate market certainly seem aware of the Treasury disclosure requirements — and are working to get around them.

Take Carmelo Urdaneta Aqui, who is the former legal counsel to the Venezuelan Ministry of Oil and Mining. He was recently among those charged in a federal $1.2 billion money-laundering case involving funds stolen from Venezuela’s state oil company.

When Urdaneta prepared to close on a brand-new, $5.3 million condo at the Porsche Design Tower in Sunny Isles Beach, he was informed by paperwork from the developer that “taking title [to the unit] under a company or trust may trigger FinCEN reporting requirements,” according to a federal indictment filed last week. He was worried enough about the disclosure that he discussed how to avoid it with a government informant.

Ultimately, Urdaneta set up a company in his wife’s name to do the deal, prosecutors allege.

001 Gil Dezer DS
Developer Gil Dezer’s company built the Porsche Design Tower in Sunny Isles Beach, where units sell for millions of dollars to wealthy out-of-towners.
David Santiago [email protected]

Dezer Development did not say why it alerts potential buyers that they might end up on Treasury’s radar.

“All language relating to legal requirements associated with closings was prepared by Dezer Development’s outside legal counsel,” a spokeswoman wrote in an email to the Herald on Monday.

The 60-story Porsche Design Tower is famous for a car elevator that allows owners to park in “sky garages” within their units. On Friday, federal prosecutors indicated that they would move to seize the unit.

Bad for brokers?

While overall home sales held steady even after the FinCEN rule went into place, the real-estate study found, luxury home prices were slightly softer in markets affected by the GTO.

That suggests that expanding the GTO could have a dampening effect on the nation’s real-estate market, said Jeff Morr, a luxury real-estate broker at Douglas Elliman and chairman of the Miami Master Brokers Forum, an industry group.

“Does it stop money laundering? Probably, yes,” Morr said. “Is it good for the real-estate market? Probably, no.”

But at least making the rule nationwide might take some of the heat off Miami, he said.

“It may make Florida less unattractive now that it’s everywhere,” Morr said. “We shouldn’t be treated differently than other areas.”

Real Estate Cycle_Edgewater (4).jpeg
The crane has become the unofficial city bird of Miami during the latest construction boom.
Miami Herald

That was exactly the sentiment of the Miami-Dade County Commission when the rule was first enacted in 2016. At the time, commissioners passed a symbolic resolution asking regulators to stop singling out Miami for special scrutiny. The industry still feels the same way.

Legitimate buyers need privacy, too, said Ron Shuffield, president and CEO of EWM Realty International.

“There are wealthy people who don’t want everyone to know that they live at the end of the block,” Shuffield said. “If someone is determined to launder money, they can pick anywhere in the country to do it, from the smallest city in the Midwest to Miami or New York City. It’s only fair that every area have to report. Otherwise, the rules could be scaring people away from certain markets.”