<p>Anonymous shell companies, business entities that exist solely for the purpose of masking ownership of wealth, property, and other assets, serve as a middleman of sorts, helping those behind them move funds from one place to another. Shell companies in and of themselves aren’t illegal, or even necessarily bad: Not only can they help pool investors’ resources or guard trade secrets, but many celebrities use them to keep prying gossip outlets from locating their assets. Shell companies can also provide politicians in less-stable countries a place to keep assets safe from kidnappers and thieves.</p>

More…

Comments are closed.