Rep. Maloney: Terrorists May Be Benefiting From Weak Ownership Disclosure Laws


March 7, 2016 | CBS New York

Rep. Maloney: Terrorists May Be Benefiting From Weak Ownership Disclosure Laws

A Manhattan congresswoman said Monday that current law is making it easy for terrorists to hide funds right in the U.S.

As WCBS 880’s Marla Diamond reported, a bill sponsored by U.S. Rep. Carolyn Maloney (D-N.Y.) would require states to get information about the beneficial owner a company when it is incorporated.

“Terrorists, money launderers and corrupt…