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Blacklisted "Russian elites and their proxies" can easily plow funds into U.S. commercial real estate because the underlying transactions routinely involve complex financial arrangements and several layers of ownership, U.S. Treasury's Financial Crimes Enforcement Network has warned. On Wednesday, the bureau advised banks, insurance firms and other companies to watch for the use of legal entities or trusts connected to relatives or associates of blacklisted Russian nationals, ownership of properties through entities in multiple jurisdictions without a clear business purpose, and the use of multiple corporate entities with slight name variations to purchase commercial real estate, along with six other...