Earlier this summer, we set up two shell companies in tax havens. On today's show, we continue our quest to figure out what people actually do with shell companies.
We discover the world of "Asset Protection," which is a fancy way of saying "hiding money." It's a world of Latvian companies and offshore conferences, of people trying to hide money from their future-ex-husbands and future-ex-wives.
Originally published on Fri October 12, 2012 3:08 pm
Hi! My name's Matt. I write about the financial industry for a site called Dealbreaker. Before that, I made a living as an investment banker, underwriting convertible bonds and other equity-linked securities and selling equity derivatives to corporate clients. (I know!)