What is a Shell Company | Risk of Shell Companies | Where are Shell Companies located - AML Tutorial

In this we explore the Ins and Outs of What is a Shell Company, how they work and the Risk they present to be used for money laundering purposes.

Other aspects covered within the video are:
❂ Why do Shell Companies present a risk to Money Laundering?
❂ Reasons and techniques Criminals like to use Shell Companies
❂ Are shell companies illegal?
❂ Can shell companies be used for other criminal reasons other than money laundering?

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#Shell_Companies #shell #Offshore

[amrouali]

Super video, clear and intense info, the speaker is very simple and attractive. Thanks KYC!

[chaitu]

Nice one.
Suggestion : Types of foundations would be helpful

[amrouali]

Suggest to make videos about Governence and regulatory, risk of gold and precious metals money laundering and the relationship between investment banking such as equity capital market and its compliance related review.

[ericchausse]

Great video. Are you guys, or is the narrator really from the UK?

[ArmadilloSaanjo]

How can you advise me to deal with such companies as they trying to steal my home and my identity

[sameeravenkatesh]

Is there any legislation in place to prevent the formation of shell companies in a country or country's government? Why don't they have strict measures in place to prevent the formation of shell companies, which pose a high risk of money laundering?

[tedtan]

I am trying to understand the crime of Vatican Bank in a movie of a missing girl in the 80's. And this term about transfer of money and Shell company is mentioned. Why would Vatican Bank be a conduit?

[dustywilson]

what's wrong with hiding assets from a spouse ?

[sinematographynaction]

How's that roofing "maintenance" 🎉📥🏥

[christopherfrost]

Hey I just invest in to something and I’m going be getting a good money back. I also want to quite my job, I need advice on how to handle the taxes

And also how to maybe cut down the 36 percent tax rate im going get hit with....

( my game plan is to invest in dividend stocks at 5 plus recent every quarter but I feel like I’m still going get hit to hard with taxes)

[sinematographynaction]

Sounds like a lot of corporations I know.

[php]

In Canada. A shell company is 99% criminal or tax evasive in it's use. Sadly our government is not out to illegalize their existence or aggressively prosecute those who participate or are named in a shell company

[xcouscousxlive]

Haha fight on money laundring 🤣. Most people watching this want to launder money

[MD-jpff]

Can you make a video on drill down of BO's and UBO's