US Government Crackdown on Financial Crimes: Transparency, the New Normal.
As the laws currently stand in the United States, anonymous companies can be erected easily. In most cases, these are legitimate businesses. In others, the anonymous aspect of creating companies in the U.S. has worked against the interests of America. These companies aren’t active and productive companies. They are a part of money laundering, a way to shuttle money from foreign entities through the United States. These companies are called shell companies, and the United States is one of the […]
US Government Crackdown on Financial Crimes: Transparency, the New Normal. Full Article »