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This avatar-like use of Legal persons is undesirable, fully agree. A major component in international money laundering and criminal enterprises is discovering w
by brnt 4y ago
This avatar-like use of Legal persons is undesirable, fully agree. A major component in international money laundering and criminal enterprises is discovering whose avatar $some_co or $my_foundation belong to. Small jurisdictions, mine included unfortunately, are easy targets for friends-of-friends-of-friends to allow such hidden ownership, and the international community should forbid it both at home and abroad.