Feds Say Condo Involved In NYC's Largest Foreclosure Tied To Nigerian Corruption Case
![Feds Say Condo Involved In NYC's Largest Foreclosure Tied To Nigerian Corruption Case Feds Say Condo Involved In NYC's Largest Foreclosure Tied To Nigerian Corruption Case](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/7ccf3ca1db89f463905f5a9b3d637604-500x414.jpg?itok=AH2QS2qQ)
New York City real estate, particularly the luxury market, is a popular refugee for world’s corrupt, self-dealing public servants and the crooked businessmen who bribe them. China cracked down on wealthy citizens seeking to stash their wealth in international real estate by adding several deterrents to its capital controls earlier this year (Among them, Chinese investors moving money out of the country must now sign a pledge saying it won’t be used to buy real estate, or investment securities).