3 ms·

What is this supposed to mean?

brigadier132 3y ago
Sorry, I skipped a step in explaining my thought process, the reason people want access to this information is for some form of mob justice, otherwise why else would they want it?
- gavinhoward 3y ago
  No, the reason they want this is so people can't hide money laundering and other crimes with shell companies.
  - brigadier132 3y ago
    They can't hide money laundering because of this. Just because the information is not publicly available doesn't mean that law enforcement agencies and the government don't have access to it... How does this information being available to the public help law enforcement do their job?
    - gavinhoward 3y ago
      It's also a preventative thing. If I find an LLC I want to do business with, now I can look at who owns it to see if that changes anything. Otherwise, I can't. For me personally, I like having them public because one LLC might become a client, and I want to be sure that client is who they say they are and not owned by a company that I won't do business with. For example, maybe Microsoft decides they want to get support from me. I don't want to support Microsoft. So they have one of their existing shell companies act like a potential client. If LLC records are not public, I can't know it's really Microsoft and reject them. If they are public, I can do the legwork to find out and reject them.
- mavelikara 3y ago
  Are the current laws not sufficient to prevent harm of the owners of an LLC, if their ownership of it is not kept secret?
- petee 3y ago
  You keep bringing up mob justice...please cite some examples where an LLC was p the victim of "vigilantism." Why would a single individual not want to sue on their own? Who is organizing such mobs and why are they mobbing together? By saying "why else would they want it" makes me believe you are going entirely on assumption, with zero facts to back it up. There are many acceptable explanations for why someone would want the information.

Sorry, I skipped a step in explaining my thought process, the reason people want access to this information is for some form of mob justice, otherwise why else would they want it?

gavinhoward 3y ago
No, the reason they want this is so people can't hide money laundering and other crimes with shell companies.
- brigadier132 3y ago
  They can't hide money laundering because of this. Just because the information is not publicly available doesn't mean that law enforcement agencies and the government don't have access to it... How does this information being available to the public help law enforcement do their job?
  - gavinhoward 3y ago
    It's also a preventative thing. If I find an LLC I want to do business with, now I can look at who owns it to see if that changes anything. Otherwise, I can't. For me personally, I like having them public because one LLC might become a client, and I want to be sure that client is who they say they are and not owned by a company that I won't do business with. For example, maybe Microsoft decides they want to get support from me. I don't want to support Microsoft. So they have one of their existing shell companies act like a potential client. If LLC records are not public, I can't know it's really Microsoft and reject them. If they are public, I can do the legwork to find out and reject them.
mavelikara 3y ago
Are the current laws not sufficient to prevent harm of the owners of an LLC, if their ownership of it is not kept secret?
petee 3y ago
You keep bringing up mob justice...please cite some examples where an LLC was p the victim of "vigilantism." Why would a single individual not want to sue on their own? Who is organizing such mobs and why are they mobbing together? By saying "why else would they want it" makes me believe you are going entirely on assumption, with zero facts to back it up. There are many acceptable explanations for why someone would want the information.