Sentence examples for shell firms from inspiring English sources

The trail wound through other opaque shell firms, including Cascado AG, set up by the Panamanian law firm Mossack Fonseca.

To avoid suspicion, Berlin and Edwards continuously created new names for these shell firms: Benex International, General Forex, Torfinex, Lowland Inc., Becs International.

It soon transpired that billions of kwacha had been looted from the state in a fraud, known as "Cashgate", which involved hacking into government accounts and making bogus payments to shell firms.

One Ponzi, at the Baptist Foundation of Arizona, used 120 shell firms to extract $590m from members.There is only so much governments can do to protect people from their own credulity.

Business leaders including the telecoms billionaire Mohamed Ibrahim have urged leaders at the G8 summit to have the courage to impose public registers of the true owners of shell firms who hide their identities in tax havens.

Payments from Sinex were generally made to a number of shell firms -- companies that did no business other than to receive these funds -- with running accounts at the Bank of New York.

The local newspaper, the Celebration Independent, cites cases of child abuse, battery, drug abuse and violent assault.Living in the town means obeying the rules of the Celebration Company, a Disney shell firm created to run the community in lieu of elected officials.

I asked whether I'd be able to open a bank account for my shell firm so I could access my money.

The resident agent is typically the company that registers the shell firm, and the manager can be yet another anonymous company.

Among those is a Panamanian shell firm called Nicstate, whose beneficial owners turned out to include former Nicaraguan president Arnoldo "Fat Man" Alemán.

Within minutes, Pete Cimbolic replied with a FlightRadar24 screenshot of the two planes flight paths, and where they were registered: NG Research, a shell firm based in Bristow, VA.