Americans rarely pay much attention to how candidates manage their own money when voting for president. Florida sen. marco rubio has been criticized for sloppy handling of his personal finances.
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Sen. Marco Rubio plans to introduce an amendment that will expand nationwide a crackdown on shell companies laundering dirty money through luxury real estate. A similar program already in effect.
Marco Rubio’s Real Estate Dealings Have Long Been A Drag On His Finances During Marco Rubio’s first year in the Florida Legislature in 2000, the 29-year-old lawmaker filled out the required forms.
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For Rubio, real estate deals marred personal finances. MIAMI: A Tale of Two Markets in the Magic City. by James McClister November 24, 2015. Rising prices and quick sales times have defined Miami’s real estate market in recent months, while falling sales and struggling inventories have also endured.
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Sen. Rubio wants to thwart real estate-targeted money laundering. The proposal would require shell companies to disclose their owners of purchased homes priced at $300k or more in cash