> Only if the corporation has a US bank account. A Cayman Islands bank account, not so much. Yes but usually the purpose of the nefarious shell companies is to

> Only if the corporation has a US bank account. A Cayman Islands bank account, not so much. Yes but usually the purpose of the nefarious shell companies is to “anonymously” transfer the proceeds of illegal activities to the Cayman Islands. A drug lord or a terrorist can’t just wire the money from their own account. It’s a moot point anyway. C-Corps aren’t the primary vehicle for laundering money anymore, trusts are. Usually a trust with one or more shell corporations or LLCs as trustee.