What are ABC transactions?

Abc transactions are a series of transactions in which real estate (usually within a short time) is resold at an increasingly higher price. The parties involved (A, B, C, etc.) often belong to the same organisation or a collaborative venture.

This type of transaction is often used for money laundering, where the parties are involved in criminal activities. Abc transactions are possible because real estate is difficult to value accurately, which offers scope for price inflation.