3 ms·

And what if the company is new? Or the company lies about ownership? You seem to think people should randomly trust any old LLC to be honest with the public. W

• somenameforme 3y ago
  Going with a brand new company without any reputation is always a major risk for anything that matters, and generally not one I'd be willing to take. You act like you're being forced to do business with brand new completely anonymous companies. It's a choice. As for lying, this is why you have contracts, and in those contracts you have penalties above and beyond losses as penalties. Incidentally it would also generally be a crime. Fraudulent representation of ownership or identity would certainly be prosecutable as fraud and likely other charges. If any money changes hands, you're also setting the stage for wire fraud charges which are particularly nasty, and what really packs on the decades for basically every white collar conviction.