Offshore Registration Business Forced to Halt Operations
Taylor Network shut down by New Zealand Authorities. Business registration operations run by the Auckland-based Taylor family, including GT Group, NZCI, and companies in New Zealand and Vanuatu were shut down by New Zealand authorities in early June according to press reports and a letter from Ian Taylor to clients.
Anonymous shell companies are behind so many crimes and misdemeanors that eliminating them should probably be “a no-brainer,” as a US district attorney recently put it. Examples: suspected arms dealer Viktor Bout used at least a dozen American-registered anonymous shell companies to finance his operations. As much as $36 billion has been laundered through US-registered shell companies from the former Soviet Union, according to an American government report.
Selling Offshores in Ukraine
Last September, two dozen people filed into a new glass and steel tower office building in Palladium City, not far from downtown Kyiv. They looked like accountants or executives entering the eighth-floor office of what seemed to be one of the few occupied suites in the building. An employee greeted them, collected $140 cash from each and ushered them into a large room that filled quickly. A smartly dressed women in her 30s strode to the front.
