THIS POST IS CONTINUED FROM PART 4 , BELOW--
A NATIONAL POLITICAL PARTY HAS BEEN DRIVEN INTO THE GROUND, BY THEIR OWN STUPID DYNASTY BASED LEADERSHIP...
LOSS OF POWER INDIA WIDE AND CURRENT DEMONETIZATION HAS DRAINED THEIR SNOW BALLED SLUSH FUNDS SINCE INDEPENDENCE ..
THEY NOW DEPENDS ON STATE GOVTS WHERE THEY ARE STILL IN POWER TO GENERATE ILLICIT FUNDS AND TRANSFER IS DONE USING SHELL COMPANIES.
THEY FLOAT MASSIVE CONSTRUCTION PROJECTS AND INFLATE THE BUILDING COST ESTIMATES BY 100%
THEY FLOAT MASSIVE CONSTRUCTION PROJECTS AND INFLATE THE BUILDING COST ESTIMATES BY 100%
The utility of shell companies go beyond money laundering. They come in handy for skirting regulations, for big corporations in paying-off by covering their tracks and siphoning off loans from Indians banks to terrorist organizations like LTTE and Naxals.
Below: When you see the stamps of so many companies under a man's bed--what does it mean ?
Below: When you see the stamps of so many companies under a man's bed--what does it mean ?
Shell companies in India have been used for rotation and siphoning off of funds by the promoters through fictitious sales, inflated purchases, unjust commissions or for creation of equity for ultimate owners . They put fog everywhere to cover their tracks and shake off law enforcers and anti-corruption bureau.
Bank managers of foreign banks in India who were sponsored by the Finance ministry of this dying national party have ( co-operated for a price ) to break the stranglehold of Modi’s demonetization.
These bank officials have risked their necks and are hand-in-glove in these operations, including overlooking KYC norms and background checks for accounts opened in their branches. They hope they will only be suspended / dismissed and will not be thrown into jail— they hope collegium Judiciary will save them , as usual
The insiders know the triggers and limits which RED FLAG the computer display. Suspicious transactions are below the threshold of automatic banking software triggers and hence can go undetected for years unless they form part of other investigations.
If you’re a drug dealer, human trafficker or terrorist looking to hide your assets, you can get a sweet deal – even loans from foreign banks with Indian managers
Forget hiding your money in Panama and hoping a leak of documents does not expose your chicanery a la the Panama Papers.
Far better to find a safe haven where your transactions leave no fingerprints at all.
You can hire an attorney to form a corporation under any name you’d like — GABBAR SINGH or VIKRAM KA BETAL will do — and then use the corporation for business transactions, such as purchasing real estate, without ever having to disclose your true identity.
Shell companies are “hollow,” meaning that they have no significant assets and may only be identifiable by a name and mailing address. Shell companies are set up to hide assets from prying eyes.
We in India will NOT fall for Zionist Jew propaganda of “shell companies have legitimate use “.. for mergers, holding assets during complex transactions and protecting trade secrets.
This is like saying that the getway car kept outside by bank robbers have legitimate uses like fetching milk from the market for the crying baby .
Sorry, we need transparency .
Anonymous shell companies are always used for tax evasion, fraud, money laundering and even to fund terrorism.
It is a disgrace that banks in Tamil Nadu gave loans to shell companies who “layered “ it and funneled the money to LTTE.
A BIG CHUNK OF SIX LAKH CRORES LOANS BY INDIAN BANKS WENT TO FUNING LTTE, NAXALITES, KHALISTANIS , ISLAMIC TERRORISTS ETC VIA SHELL COMPANIES.
YET NOBODY HAS BEEN PUNISHED.
HUNDREDS OF RETIRED BANK MANAGERS LIVE A LIFESTYLE FAR BEYOND THEIR KNOWN INCOMES . THEY WERE PAPERS WHEN THEY BECAME BANK MANAGERS , EARNING PEANUTS --RIDING CYCLE IN PLASTIC CHAPPALS .
A MAJOR PORTION OF LOANS WERE INVESTED ABROAD TO PAY SALARIES AND PENSIONS OF WHITE MEN .
WE POOR INDIANS ARE WORKING OUR ASSES OFF AND EARNING MONEY BY THE SWEAT OF OUR BALLS
HOW NICE , THIS MONEY GOES TO PAY PENSIONS OF WHITE MEN ABROAD. THESE BASTARDS ARE STILL STEALING IN A DEVIOUS WAY, AND THE GOVT DOES NOT HAVE A CLUE
COMMIE JNU EX-STUDENTS WHO HAVE NO LOVE FOR THE WATAN , ARE CONTROLLING KEY POSTS OF BABUDOM IN INDIA
Read all 11 parts of the post below--
COMMIES AND NAXALS ( WITH WHITE/ CHRISTIAN JEWISH HELP ) GRABBED LAND IN INDIA, USED SHELL COMPANIES AND MADE LAND BENAMI.
IT IS EASY TO NAB ABD JAIL THESE DESH DROHIS IF THERE IS POLITICAL WILL. MOST OF LAND GRABBED IS TEMPLE LANDS.
Read all 8 parts of the post below-
KERALA HAS BECOME WISE.
THE COMMIES HAVE STOPPED USING THE POSTERS OF JEW MARX, JEW LENIN, JEW STALIN, JEW ENGELS, JEW TROTSKY ETC
INSTEAD THEY USED CHE GUEVARAs FACE
CHAGAN BHUJJBAL WAS NAMED BY ABDUL KARIM TELGI DURING NARCO TEST—THE FIRST NAME HE UTTERED IN A TRANCED STATE WAS THAT OF SHARAD PAWAR.
TELGI STAMP PAPER SCAM WAS NOT ABOUT MAKING MONEY BY SELLING STAMP PAPER AS OUR STUPID GOVT SECURITY AGENCIES HAVE FIGURED OUT.
IT WAS ABOUT BENAMI LAND AND INSERTING FORGED DEEDS IN LAND REGISTRY OFFICES . THIS WAY THERE IIS NO NEED FOR ANY SHELL COMPANY.
THIS MAFIA IS STILL INTACT
Unless India abolished SHELL companies we will have a BLACK and a WHITE economy.
Indian economy has a kind of dual personality, with cash transactions But these dual economies don't exist separately from each other.
They drive each other, and feed off each other, and money flows from one into the other, depending on the economic cycle and entrepreneurs' 'animal spirits'.
We had STAR KID Akhilesh Yadav telling on TV in Dec 2016 that black cash shadow economy is required in India. Just shows his pathetic understanding of economics
Shells require sophistication and planning not generally present in most fraud schemes such as check tampering, expense reimbursement or payroll schemes.
India has NOT been able to control kickbacks and bribes involving public officials funneling taxpayer funds into shell companies they own or control. The law enforcement people who are supposed to detect this get bribes themselves and operate shell companies in benami names
They have NO will or determination to discover the ultimate beneficiaries. A legitimate company will be able to provide a reasonable explanation and logical use for the shell company and provide substantial documents that show its formation, purpose and financial standing.
A potential terrorist cannot take a flight to neighboring states without a passport or driver’s license, but they can form a shell company without any information in a matter of minutes.
It was NOT necessary to use bullets on Khalistanis—the movement could have been killed by choking of drug derived funds via shell companies.
Same way when an army is invading a nation using tanks and rocket carrying vehicles –it is not necessary to use missiles on them. This invasion can be stopped on its tracks by ensure they don’t get fuel to invade or to retreat..
Below: THE GREATEST SON OF BHARATMATA -- CHANAKYA
Below: THE GREATEST SON OF BHARATMATA -- CHANAKYA
Alexander the Great’s army revolted because they knew that they cant leave India , the way they came via the Hindu Khush passes with their booty.--arranged by Chanakya
Finally homosexual Alexander abandoned his gay bedmate and used his “wife” Roxanna to tie a rakhi on King Porus. King Porus allowed Alexander to escape from India by a sea route .
The life-blood of an effective terrorist network is financing. And shell companies facilitate the easy distribution of money.
ISIS ( created / funded / armed by Jews ) also makes MORE than 3 million a day in oil production, has obtained over $100 million in ransoms from kidnapping and collects “taxes” from the 6 million people it has gained control over. Shell companies move their money
Somalia piracy was sustained by money movement via shell companies. During Somalia piracy THORIUM was stolen by Jews.
In Algeria , gas is kept safe under the sands of the desert for the Jew Rothschild. Terrorism has caused high insurance rates and it is NOT profitable to trade. Rothschild monopolized this planets insurance ( like banking )
Almost all HUGE insurance companies around the world are BENAMI—owned by Jew Rothschild and his agents. Retired President Bush came all the way to India to sell Jew Rothschild’ insurance.
Higher stake holding by Zionist Jews would mean higher kosher control on the insurance company, thus running the risk of having some decisions which are not in the best interest of domestic consumers.
Foreign Direct Investment is money put in to our country by Jews and most of the profit made would move outside our country and invested or spent in another country or home country.
India will have to relax some regulations ( nay open asshole wider ) in order to encourage FDI which may not always be in best interest of the country.
Donald Trump is kicking out OBAMA CARE –it was all about making Rothschild’s Jewish agents Insurance companies getting rich
When one applies for a life insurance policy, the company wants to know everything about your health, lifestyle, habits, etc. If insurance companies are honest can they make so much of money ? If you have the slightest health problem, most insurance companies will turn you down.
AT SEA , DURING SEMINARS , WHEN THE “INSURANCE “ SESSION STARTED I WOULD WALK OUT—AND ALL KNEW THAT .
I KNOW WHEN AN INCIDENT TAKES PLACE , TRUTH WILL BE THE FIRST CAUSALITY . INSURANCE RULES AFTER THAT, AT THE EXPENSE OF THE POOR SAILOR.
Both International Consortium of Investigative Journalists ( ICIJ ) and Center for Public Integrity ( CPI )are created and funded by Jew Rothschild—and these are the kosher entities who investigate SHELL COMPANIES.
The Center for Public Integrity (CPI) is an American investigative journalism organization whose stated mission is "to reveal abuses of power, corruption and dereliction of duty by powerful public and private institutions in order to cause them to operate with honesty, integrity, accountability and to put the public interest first."
It won the Rothschild controlled 2014 Pulitzer Prize for Investigative Reporting.
They inserted the name of VLADIMIR PUTIN in the Panama Papers and removed the names of yank KOSHER BIG FISH ..
The ICIJ ( HASBARAS ) has invaded the social media with a website, blog entitled the 'Global Muckraker, Facebook, Twitter, Google+ and a YouTube channel.
The International Consortium of Investigative Journalists (ICIJ) is a Washington-based international network launched by the Center for Public Integrity which has investigative journalists ( including India ) who work together on "issues such as "cross-border crime, corruption, and the accountability of power—
--but hey, all this must suit the ULTERIOR KOSHER MOTIVES Jew Rothschild and Bilderberg inner kosher club..
--but hey, all this must suit the ULTERIOR KOSHER MOTIVES Jew Rothschild and Bilderberg inner kosher club..
Zionist Jew media keep harping endlessly that CPI is an independent, nonpartisan and progressive watchdog group -whose shit does not smell..
The mission of the CPI is "to serve democracy by revealing abuses of power, corruption and betrayal of public trust by powerful public and private institutions, using the tools of investigative journalism—but hey KOSHER BIG FISH are exempted as we saw during the leak of Panama Papers .
CPIs board directors have such Rothschild poodles as Greek Jewess Arianna Huffington and Iranian Jewess Christine Amanpour. Hey, what about NON FADING VIOLET our own Rotshchild’s opium founded Columbia University educated Barkha Dutt
ICIJ was involved in a series of articles by JEW journalist Adrian Levy last December which targeted the security of Indian nuclear installations
'International Consortium of Investigative Journalists', which is funded and organised entirely by the USA’s Center for Public Integrity.
Their KOSHER funders include Rothschild’s agents , Ford Foundation, Carnegie Endowment, Rockefeller Family Fund, W K Kellogg Foundation, Open Society Foundation (Soros) etc.
All those ( non-Jews only pleajje ) who think The Center for Public Integrity is about HAJAAAAAAR integrity –raise your goyim hands – GOOD !
None of the Panama papers exposed or involved Americans or Israelis ,or CIA Drug Money laundering or even a whiff of notorious money launderers insider traders and all round crooks like Rothschild’s chillar agent Jew Soros
But hey, caught up in the expose were a strange bunch ..Icelandic politicians .The fact that Iceland under these same politicians had jailed 29 international Rothschild bankers close to the sponsors of ICIJ
Jew Adrian Levy of ICIJ has been after India’s ass for a long time.
The first Levy article titled India’s nuclear industry pours its wastes into a river of death and disease dated 14/12/2015 is about a supposed trail of disease and ill health caused by uranium mining by Uranium Corporation of India Ltd— A KOSHER LIE
The Second India’s nuclear solution to global warming is generating huge domestic protests 15/12/2015 is about the protests over the Russian built Electricity generating nuclear reactors at Kudankulam . In Levy’s words Transparency and accountability are lacking at India’s largest nuclear park, where a Russian reactor was constructed with faulty parts over violent local resistance—A KOSHER LIE
The Third India Is Building a Top-Secret Nuclear City to Produce Thermonuclear Weapons, Experts Say 16/12/2015 is about a mysterious new “Thermonuclear City” coming up at a place in Karnataka called Challakere . The article says it will be the subcontinent’s largest military-run complex of nuclear centrifuges, atomic-research laboratories, when it’s completed, probably sometime in 2017 . It also speaks of a new nuclear arms race between India China and Pakistan—FUCK OFF YOU CUNT
The Fourth India’s nuclear explosive materials are vulnerable to theft, U.S. officials and experts say 17/12/2015 as the name suggests is about lax security at India’s nuclear installations but Levy says Washington has chosen not to press for tougher security while its trade with India is booming.—FUCK YOURSELF YOU KOSHER ICIJ POODLE
The fifth-- Fast, Radioactive, and Out of Control 17/12/12015 is about India is not adequately safeguarding its booming nuclear installations and material according to U.S. officials and experts. WE HAVE STOPPED CARING FOR US EXPERTS LONG AGO
ICIJ was founded by JEW Charles Lewis an American investigative journalist who worked for KOSHER liars ABC and CBS.
The 11.5 million Panama documents contain few Jewish American names or corporations, why?
BATAAOOO NAH ?
The Panama documents, were obtained by the German newspaper Suddeutsche Zeitung (SZ) and shared with the International Consortium of Investigative Journalists (ICIJ), have created a global shit storm. So far, 72 current and former heads of state have been linked to offshore shell companies created by Mossack Fonseca..
"Today, Mossack Fonseca is considered one of the world's five biggest wholesalers of offshore secrecy," ICIJ wrote. "It has more than 500 employees and collaborators in more than 40 offices around the world, including three in Switzerland and eight in China, and in 2013 had billings of more than $42 million."
The ability to pool funds in accounts has been made much easier with internet banking. Although financial institutions have established internet banking thresholds, customers still have the capacity to transfer large amounts over a relatively short space of time.
Customers may deposit cash funds into an account and then undertake rapid domestic transfers to separate accounts. This type of activity can be indicative of any number of criminal activities and should be viewed as a possible indicator of illicit activity, particularly if the activity is inconsistent with information about the customer, their business or previous account history.
A 'gatekeeper' is a person with specific knowledge about services or structures which can be misused for money laundering. These people are not necessarily directly involved in money laundering but they assist third parties to distance their criminal activity from their illicit profits.
Gatekeepers are commonly accountants, legal practitioners, notaries, and other similar professionals. Reporting entities should be alert to the roles certain professionals can play in money laundering.
International funds transfers, or wire transfers, are used by criminals to rapidly transfer funds across international boundaries. Multiple wire transfers, each bearing different transfer details, are sent to disguise their true nature. This method also creates a convoluted audit trail which hampers investigations of law enforcement.
Criminals set up illegitimate businesses or corporations to send wire transfers. This not only conceals the true identity of the criminal, but the transfers can be hidden among the complexities of established international trade and financial market activities.
By having a good knowledge of customers and businesses, and by monitoring unusual spikes in activity, reporting entities can detect suspicious activity .
Cash businesses offer a decent disguise for laundering. A used bookstore, an IDLE repair shop with inflated personnel, or pawn shop will do. So will a contracting business. You can open a laundromat, a car wash—even a used car dealership.
Whatever the business, you keep two sets of books. One ledger shows the actual numbers. The second ledger is the one revenue services receives
Most people who visit casinos don’t do it for the thrill. They are there to launder some money. Go to the casino with your fifty thousand dollars and get it all in chips. Play a few rounds of blackjack or whatever your favorite game is, lose a few, win a few, eat a hot dog, have a Coke, and then go to the counter and cash out again.
Now you’ve got your money back, you had a night out, but you’ve got a receipt that shows you won 50 thousand dollars at the casino. You can deposit that in your bank account and you’re good to go. A casino is a money launderer’s best friend.
The majority of dirty cash is deposited into the bank through accounts set up in BENAMI names of family and friends or under the guise of a legitimate business.
HOW OFTEN HAVE YOU HEARD “ WORK AT HOME AND EARN THOUSAND OF RUPEES A WEEK “?
Most of the time you will be conned to being a SMURF
The naïve smurfs are conned into accepting a cushy job as “Financial Officer” or some other lofty name, have to open a strange kind of joint bank account with a shell company, whose trustees have control over it, and which is being used behind the smurf’s back to launder money.
Smurfs are all these little launderers set up by a criminal organization to make cash deposits under the RED FLAG of software ceiling limit into legit bank accounts, bank accounts in a shared trust with a limited liability company connected to the criminal. The criminal’s name is found nowhere in any of the hundreds or thousands of accounts associated with his or her dirty wealth.
To squeeze under that low ceiling, launderers hire smurfs – these petty decoy depositors. Smurfs receive a cut, pawns paid to run the risk of making these deposits into a bank account in the smurf’s name.
Some criminal buys a multimillion dollar property and then proceeds to gut the house , raze the property, and pay the contractor in cash to renovate the interiors and landscape the exteriors.
The contractor hires out all the jobs and spreads the money around to labour willing to accept cash for a day or a week’s work. The work done on the property increases its value theoretically, but in the mind of the criminal, the money’s better spent than wasted.
PM MODI, DO NOT ALLOW BUILDING CONTRACTORS TO PAY LABOUR IN CASH-USE BHIM OR PAYTM.
ALL LABOUR HAVE MOBILE PHONES. IF NOT GIVEN THEM CHEAP INDIAN MADE MOBILES AT SUBSIDISED RATES.
EVEN AFTER THAT IF THE CONTRACTORS PAY CASH— ASK WHISTLE BLOWERS TO PIN HIM.
The United Nations estimates the amount of money successfully laundered globally every year is over two trillion dollars – that’s lakhs of smurfs in every country. Capt Ajit Vadakayi says he figure is more than 3.1 trillion USD.
These kinds of SHELL transactions call for a certain kind of accountant or lawyer, someone whose career is as a money launderer for criminals either in-house or on a freelance client basis, who is in charge of hiring smurfs and making fake companies and looking for new havens and protecting the kingpin.
We ask retired smurfs / accountants to get GOOD KARMA by blowing the whistle—by exposing the modus operandi.
Smurfing is also known as structuring,in banking industry jargon, it is the practice of executing financial transactions (such as the making of bank deposits) in a specific pattern calculated to avoid the creation of certain records and reports required by law..
Structuring includes the act of parceling what would otherwise be a large financial transaction into a series of smaller transactions to avoid scrutiny by regulators or law enforcement. Structuring often appears in indictments related to money laundering, fraud, and other financial crimes.
In BREAKING BAD we got to see structuring .
Precursors used in cooking Meth are on the watch list of DEA. In this context the agent will make purchases of small, legal amounts from several drug and grocery stores, with the intent to aggregate the lot for use in the illegal production of methamphetamine. Also, since the monthly pseudoephedrine purchase limits in US are too low for mass meth production, this practice often involves using multiple "smurfs".
In the United States, the Bank Secrecy Act requires the filing of a currency transaction report (CTR) for transactions of more than $10,000 in currency (US or foreign)—in India it is 50,000 rupees.
Banks are being used to launder money every day, with smurfs, or through wire transfers from other banks.
eBay and Paypal are used to launder money. With dirty cash in their white pockets, smurfs hit Best Buy and Future Shop and purchase home gear like flatscreen TVs, iPads, and laptops, then use their online accounts to sell this stuff on eBay unopened.
The buyer pays for the merchandise using PayPal, which cleans the cash safely enough for it to be deposited into a bank account and look like a legitimate source of earnings.
AS A SHIP CAPTAIN I OFTEN FLEW TO HONGKONG. IF I SAW INDIANS I WOULD ASK THEM IF THEY WORKED IN HONGKONG—OH NO, THEY WERE GOING THERE FOR A HOLIDAY. HONGKONG FOR A HOLIDAY ?
WHY DO INDIANS GO TO LAS VEGAS AND MACAU?
WHY HAS JEW ROTHSCHILD CREATED SEAMLESS BORDERS IN EU ?
Macau and Hong Kong are considered Special Administrative Regions of the People's Republic of China, and part of what makes them special is that they are great places to launder cash. Macau is the casino capital of the world, with seven times more gaming revenue than Las Vegas, and Hong Kong is home to plenty of compliant banks and other intermediaries willing to transfer funds anywhere in the world without asking too many questions, for a fee.
Let's say you live or work in China and want to hide a massive bribe. First, you must convert it from yuan into another currency without the government knowing. The easiest way to do this is to contact a junket, an agent in mainland China who will give you casino chips for your cash, minus fees of up to 20%.
Take the chips to a friendly, cooperative casino, where you can gamble with them, cash them in for Hong Kong or US dollars to then spend as you see fit, or deposit in a Hong Kong bank branch. Or, for extra safety, take them to a lawyer specializing in offshore laundering. Meanwhile, the casino will mix your chips with those from legitimate gamblers, and its accountants will book your $1 million as paid-out winnings.
Your bank or lawyer must wire-transfer the funds in such a way that the money crosses multiple borders, to frustrate detection or confiscation. For instance, the money might end up in a US trust managed by a shell company in Grand Cayman, owned by another trust in Guernsey with an account in Luxembourg managed by a Swiss or Singaporean or Caribbean banker who doesn't know who the owner is.
The smurf will then deposit small amounts of your cash into an account every day for weeks or months - or years - avoiding watchful eyes by keeping the numbers small.
Along the way, you can ask your smurf to withdraw some cash - which has since been rendered untraceable - for a shopping spree. The rest have a bank wire-transfer the money to your offshore accomplices or your shell companies.
A Hong Kong resident, Carson Yeung , was sentenced to six years for laundering $91.27 million through his bank accounts between 2001 and 2007. A former hairdresser who'd since bought the UK's Birmingham City football team, he claimed he had accumulated hundreds of millions of dollars in profits from stock trades, a hair salon, and gambling.
The real big shots don't bother with casinos, crooked bank managers, junkets, or smurfs. They manage to transfer millions, or billions, without handling cash or involving banks at all, instead funneling their money through corporate deals (bribes, kickbacks, and embezzlement schemes), which are exempt from currency controls.
Let's say you're a government official or corporate executive, and you want to receive a $1 million bribe or kickback for giving a lucrative and excessively priced contract to a foreign or local business. You approve the contract, and its payment, and pad the consideration by a few million, which includes $1 million for yourself.
The client puts your $1 million overpayment into a shell company in an offshore jurisdiction, where your ownership can remain anonymous. You are then free to invest or spend the money. The business writes it off as an expense, paid out to an offshore consultant.
Or perhaps you'd prefer that your $1 million be used to buy an asset offshore for you, or that it be paid out gradually in salaries or fees to family members. Either way, you're good to go.
Under invoicing is the same thing in reverse. Simply sell your goods or services to a business at a price that is less than the goods or services are worth. Then, out of the embezzled funds, you get $1 million directly from the company that got the bargain. These funds can be placed directly into anonymous offshore account or into an asset of your choice.
SO SO SO
A DIAMONDS IS A GIRLs BEST FRIEND ?
MY LEFT BALL !
RATHER A DIAMOND IS A GOVT REGULATORS WORST NIGHTMARE .
PEOPLE SHOVE IT UP THEIR ASSHOLES.
Perhaps the most surprising thing of all is that establishing a shell corporation — at least by itself — doesn't technically violate any law. This MUST change.
In other words, it's not having a secret shell corporation that can get you in trouble.
It's how you use it—rather how you leave your tracks behind.
Hundreds, perhaps thousands, of firms offer help setting up shell companies, often as part of a set of financial and legal services, and many are located in the United States.
Most of these firms don't actually process the transaction themselves but farm it out to a much larger firm that specializes in them, such as Mossack Fonseca. The Panamanian law firm is considered one of the largest such firms in the world.
The forms filled out when a company is created are often the only public proof of a phantom firm’s existence, and they rarely ask for enough information to track down the individuals controlling it.
Even where they do, this information can be misleading. The only way out is COMPULSORY recording of AADHAR card details .
Companies can list “nominee” shareholders or board members with no visible relation to the actual owner—for instance, a lawyer or a distant relative, or people that can be hired specifically to allow their names to fill in the blanks on these forms.
They can also list other anonymous companies or trusts in order to make it more difficult to track down the actual owner. The true owners or people in control of the company are often known to no one in the outside world other than—possibly—a law firm or incorporation agent.
AGAIN , DEMONETIZATION WITHOUT BANNING SHELL COMPANIES IS A FUTILE EXERCISE .
NO PAIN NO GAIN
HERE WE WENT THOUGH HAJAAR PAIN WITHOUT ANY GAIN
I FELT THE PAIN.
I COULD HAVE EASILY CASHED A CHEQUE ( LIKE EVERY OTHER RICH MAN ) AND SAT QUIET.
I DID NOT DO THAT. I WENT THE ATM WAY.
Shell corporations are companies that serve no economic purpose and don’t conduct any real business.
If so—why do we allow shell companies ?
Where is the logic ?
Rather, they exist primarily to hold legal title to bank accounts, real estate, or other assets, often obscuring the true human owners.
Every year, over two million corporations, LLCs, and other business entities are formed in the United States. Thanks to the JEW controlled SHADOW GOVT which runs USA almost every state collects less information from the individuals forming these entities than from people applying for a driver’s license or registering to vote.
Anonymous shell companies can open a bank account or buy a yacht. They can wire money and transact business like any other company, making them an attractive method for hiding, moving, and using money or other assets.
As a result, anonymous shell companies are often misused for illegal activities, including laundering money from the trafficking of drugs, weapons, or human beings, financing terrorist activities, skirting sanctions, hiding the proceeds of government corruption, and evading taxes..
Criminals often create webs of nested anonymous corporations (with one owning another and so on), rendering it practically impossible for law enforcement officials to figure out who is directing the companies’ activities—i.e., the identity of the real criminal.
Such companies are also used to subvert civil and judicial processes through making anonymous donations to election campaigns, defrauding immigration and customs authorities, hiding assets from courts, or fraudulently pursuing government contracts, grants, or Medicare reimbursements.
The Incorporation Transparency and Law Enforcement Assistance Act was created to fight the use of anonymous American shell companies by requiring states to collect information about the “beneficial owner(s)” of a corporation or LLC.
The Incorporation Transparency and Law Enforcement Assistance Act would direct states to require applicants forming corporations and limited liability companies to include basic information about the actual human beings who own the companies.
This information will be readily available to law enforcement, allowing officials to track illicit funds and activities much more efficiently and effectively.
There’s another reason the United States has become so popular for shell corporations. Currently, none of the fifty states requires the disclosure of the “beneficial owners,” the real human beings who own the companies.
Instead, corporate records can identify the “owner” as another faceless corporation or a professional agent paid to sign the needed forms and never speak of them again. Behind this easy-to-establish veil of secrecy, criminals can—and do—use these corporations to open bank accounts, transfer funds, and even to hide the ownership of expensive assets.
A Mexican drug cartel using an Oklahoma corporation to launder money through a horse farm; a crime syndicate setting up a web of corporations in eight states as part of a $100 million Medicare fraud scheme; and human traffickers based in Moldova hiding their crimes behind anonymous corporations in Kansas, Missouri, and Ohio.
SHELL COMPANIES HAVE BEEN RUINING INDIAN ECONOMY SINCE INDEPENDENCE.
THE GOVT WOKE UP ONLY IN 2017
JEW PETRO POROSHENKO WAS A PAUPER WHEN USSR BROKE UP
With the "Panama Papers" revelations, the complexity of the investments held by Ukranian Presient JEW Poroshenko and those close to him has become clear: the politician has coordinated the business of his well-known confectionery manufacturing company "Roshen" via offshore holdings-to avoid taxation. Mind you this is the president who is supposed to root out corruption.
JEW Poroshenko was elected in May 2014, promising to clean up Ukraine’s chronically corrupt politics.
Poreshenko had tweeted: “I believe I might be the first top official in Ukraine who treats declaring of assets, paying taxes, conflict of interest issues seriously. Having become a President, I’m not participating in management of my assets, having delegated this responsibility to consulting & law firms
DEKH APUN VERY VERY HONEST .
JEW Poroshenko vowed before the election to divest himself of his extensive business interests. He promised to “wipe the slate clean” by selling his Roshen chocolate factory, telling the German tabloid Bild: “I will and want to only focus on the wellbeing of the nation.”
His predecessor, Viktor Yanukovych, fled to Russia after his security forces shot dead 100 protesters on the streets of the capital in FALSE FLAG ATTACKS CONDUCTED BY JEWS .
This followed months of anti-government rallies. Russia’s president, Vladimir Putin, responded by seizing Crimea
Ukraine’s president, JEW Petro Poroshenko, set up a secret offshore company in the British Virgin Islands at a time when his troops were being wiped out in a bloody battle with Russian troops and pro-Moscow rebels.
Leaked documents from the Panamanian law firm Mossack Fonseca show that Poroshenko registered the company, Prime Asset Partners Ltd, on 21 August 2014. Records in Cyprus list him as the firm’s only shareholder. They give his official address in Ukraine’s capital, Kiev – apartment 39, Hrushevskoho Street.
The Panama Papers show that Poroshenko used a Cypriot agent to register his new BVI firm. The president supplied a utility bill and a reference from the International Investment Bank (IIB) in Kiev. . His most recognized ownerships are Roshen, the large-scale confectionery company which has earned him the nickname of 'Chocolate King'
A letter, dated October 2014 and marked confidential, says Poroshenko has been a customer of the IIB since 2009 and conducted his accounts “to our satisfaction”. It fails to mention one detail: Poroshenko owns the bank.
Poroshenko’s father was a Jew named Alexei Valtsman from the Odessa region who in 1956 took on the last name of his wife, Yevgenya Poroshenko. Poroshenko lies that his father is ethnical Ukrainian. He lies in Wikipedia that he is a Christian
Poroshenko's chocolate company Roshen uses a complex network of shell companies for purchasing
President Poroshenko lied when he claimed he had created a “blind trust” to manage Roshen.
Poroshekno ‘s financial advisers Rothschild have been trying to sell Roshen
FEW YEARS AGO WHEN I WROTE THAT POROSHENKO IS ROTHSCHILDs MAN, AND THAT UKRAINE VIOLENCE IS TRIGGERED BY ZIONIST JEWS , THERE WERE NO TAKERS
In 2014, Poroshenko did not the declare to tax authorities the existence of his Prime Asset Partners Limited offshore company. This company, was created specifically for the tax-free sale of Roshen.
Poroshenkostill controls Roshen. He also owns a major TV channel.
His private assets are larger than those of any other European leader, with his fortune put by Bloomberg at about $720m.
Poroshenko concealed the fact of owning the company CEE Confectionary registered in Cyprus and Roshen Europe BV in the Netherlands.
In August 2014 Poroshenko established a company in the British Virgin Islands through the Panama company Mossack Fonseca, and he intended to move his businesses there. The oligarch founded the new company already serving as the president.
This would mean an open violation of the ban on the conduct of business activity by a serving president enshrined in Ukraine’s constitution. In addition, Poroshenko falsified his declaration of assets by not disclosing the fact of having a company registered in a tax haven.
The "Panama Papers" have revealed the Ukrainian president to be the person legally charged with this web of firms that can be traced back to the British Virgin Islands. That is also where the company Euro Business Investments Ltd is registered - a company, which - via Cyprus - is controlled by the German firm Interstarch GmbH.
Legally, the Ukrainian president is required to detail any earnings openly.
ISRAEL AND ZIONIST JEWS PLACED POROSHENKO ON THE RULERS CHAIR HOPING TO CONVERT UKRAINE TO A SECOND JEWISH SUMMER HOMELAND
WHEN ROTHSCHILD IS FINANCIAL CONSULTANT WHAT DOES IT MEAN ?
Sir Evelyn Rothschild is currently the personal financial advisor of Queen Elizabeth II, and she knighted him
BRITISH JOURNALISTS NEVER TALK ABOUT THE SHELL COMPANIES OPERATED BY THE ROYALTY
THIS POST IS NOW CONTINUED TO PART 6 , BELOW
CAPT AJIT VADAKAYIL