All Cash Buyers Using An LLC

The Federal Government starting doing some looking around and found that there is a possibility that people have been using LLC's to purchase property and launder money from the transaction.  So as of recently, a couple of major cities in the US have made it so that when an LLC wants to purchase a property using all cash, the individual behind the LLC must identify themselves and show proof of their identity by means of a passport, driver's license and so forth.  Recently here in Los Angeles, it was reported that there was an LLC that purchased a large property using cash and that the cash that was used, may have been "stolen" or "laundered" (I'm not too clear on the specifics of what happened) But the point is that the Federal Government is now cracking down and will require anyone using an LLC to purchase a property with all cash over the amount of $2 million to show proof of identity to the title company.  So, if you fall into this category, just take note that this is how things are going to be done from here on out.  And if you have any other questions, feel free to call me anytime.