Category: Shell Companies

USA: German Attorney Pleads Guilty to Money Laundering

Defendant laundered more than $1.1 Million through a shell company. Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue reading, please login or Register now.

Cracking down on Professional Enablers- 2021 OECD Report

Tax evasion, bribery, corruption, money laundering, fraud, sanction evasion and other white collars crimes are often facilitated by lawyers, accountants, financial institutions and other “professional enablers”. A new OECD report sheds light on the extent on the problem, and offers recommendations. Members-only content. While… Continue Reading “Cracking down on Professional Enablers- 2021 OECD Report”

USA: More Whistleblower Incentives and Protections in Historic Anti-Corruption Legislation

BSA-AML Compliance Officers, take heed! A new whistleblower rewards program was approved by the U.S. Congress last week with important implications both for financial institutions and for foreign government officials trying to hide their stolen money in the United States. Members-only content. While the… Continue Reading “USA: More Whistleblower Incentives and Protections in Historic Anti-Corruption Legislation”

USA: Nowhere Left to Hide for Owners of Shell Companies

Questionable owners of anonymous shell companies may face a much harder time hiding their dirty money in the U.S. in the future. Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue… Continue Reading “USA: Nowhere Left to Hide for Owners of Shell Companies”