Active Now

Honey Dew
Malizz
Danilo_G
my2cents
Discussion » Questions » Legal » Shell Companies are legal entities that have no assets and don't run any business operations. What are they used for?
RosieG

Shell Companies are legal entities that have no assets and don't run any business operations. What are they used for?

That's a NO-BRAINER! They are used to disguise ownership from law enforcement or the public. Shell Companies have something to hide. Also Offshore Corporations while legal want anonymity. Why? To disguise ownership from law enforcement or the public. If you have nothing to hide you hide nothing. Period.

Posted - November 6, 2017
Tags : None

Responses


  • 11089
    Are you asking a question or just giving us the benefit of what you learned on MSNBC this morning?
      November 6, 2017 8:17 AM MST
    0

  • 22891
    what you just described
      November 6, 2017 2:59 PM MST
    1