shell corporation (Meaning)
Wordnet
shell corporation (n)
a company that is incorporated but has no assets or operations
Synonyms & Antonyms of shell corporation
No Synonyms and anytonyms found
shell corporation Sentence Examples
- The shell corporation was used as a legal entity to conceal the true ownership of illicit funds.
- Investigators are trying to uncover the intricate web of shell corporations involved in the money laundering scheme.
- The multinational corporation set up numerous shell corporations in offshore havens to evade taxes and regulations.
- The individuals behind the shell corporation remained anonymous, shielding their identities from scrutiny.
- The shell corporation served as a conduit for funneling illegal profits back into legitimate businesses.
- Law enforcement agencies are cracking down on the use of shell corporations to facilitate financial crimes.
- The shell corporation was a mere legal facade, hiding the true beneficiaries of a fraudulent investment scheme.
- Journalists exposed the extensive network of shell corporations used by politicians to conceal their financial dealings.
- The lack of transparency in shell corporations allows corrupt actors to launder money and engage in illegal activities.
- Regulators are implementing measures to combat the misuse of shell corporations for illicit purposes.
FAQs About the word shell corporation
a company that is incorporated but has no assets or operations
No synonyms found.
No antonyms found.
The shell corporation was used as a legal entity to conceal the true ownership of illicit funds.
Investigators are trying to uncover the intricate web of shell corporations involved in the money laundering scheme.
The multinational corporation set up numerous shell corporations in offshore havens to evade taxes and regulations.
The individuals behind the shell corporation remained anonymous, shielding their identities from scrutiny.
