A group of South Florida property owners’ alleged ties to global money laundering are revealed in newly leaked bank documents.
A family who owns a home worth more than $2 million in the Jockey Circle neighborhood in Davie and a man accused of buying an $850,000 Tudor cottage in Davie with drug money are among the property owners emerging from a trove of suspicious activity reports, according to the Miami Herald.
The reports are documents collected and analyzed by the Financial Crimes Enforcement Network, or FinCEN, to find potential money laundering.
The Ceballos family of Davie were flagged for $260 million in transactions from April 2013 to January 2014 that looked suspicious to a bank. Venezuela’s national oil company and an anti-poverty program were among the government agencies that made large payments to Ceballos companies, according to the Herald. Companies tied to the family do business from the Davie house.