Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: The Man Who Predicted Nazi Germany [View all]malaise
(267,833 posts)24. Global web of firms for fraudsters created by British company Formations House
https://www.thetimes.co.uk/article/global-web-of-firms-for-fraudsters-created-by-british-company-formations-house-5sb8zb238
<snip>
A global web of businesses, banks and tax havens used by international crime gangs and fraudsters has been created by a family-owned company in Britain, an investigation has revealed.
Leaked documents show links to businesses set up by Formations House, a London-based company that establishes and helps to manage companies, and scams involving more than £300 million.
These include vintage wine frauds, fake stock market tipsters, dodgy gold and diamond traders, overpriced land investment schemes and a Hollywood heist carried out by a bogus aristocrat.
The documents show that the formation agent has repeatedly failed to carry out proper due diligence on clients and has set up companies for known fraudsters and organised criminals.
<snip>
A global web of businesses, banks and tax havens used by international crime gangs and fraudsters has been created by a family-owned company in Britain, an investigation has revealed.
Leaked documents show links to businesses set up by Formations House, a London-based company that establishes and helps to manage companies, and scams involving more than £300 million.
These include vintage wine frauds, fake stock market tipsters, dodgy gold and diamond traders, overpriced land investment schemes and a Hollywood heist carried out by a bogus aristocrat.
The documents show that the formation agent has repeatedly failed to carry out proper due diligence on clients and has set up companies for known fraudsters and organised criminals.
Edit history
Please sign in to view edit histories.
33 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Seriously? The people have known about this theft and have never, ever had recourse to get it back.
ancianita
Dec 2019
#7
One would think c-h would be supported by our military, but they don't see us as their paymasters.
ancianita
Dec 2019
#14
The cracks/openings are small -- ignored, denied and delayed by controllers of the hegemony.
ancianita
Dec 2019
#20
Could you link it? Thanks.Also, shell company layers are as many as shells in the sea. Shells should
ancianita
Dec 2019
#23
I wonder how they were revealed. They probably work through Brit.Virgin Islands
ancianita
Dec 2019
#28
I added more stuff above about Tom Clancy that you might not have read. Bad edit, I know.
ancianita
Dec 2019
#30
Nice chart. So many ways to subvert information flows. Sometimes the smallest org is the most
erronis
Dec 2019
#27
It's not going to be that pleasant inside those armed gated communities. Maybe buy a decade or
erronis
Dec 2019
#12
Filthy rich. Yes, I remember people using that term. Nowadays, I call them billionaire
PatrickforO
Dec 2019
#13