Shell Company Directors Older Than Humanity

Over 2,000 shell companies have directors aged 123 years or older, Moody’s found. The oldest known human lived to 122 BY GIULIA MORPURGO AND BLOOMBERG January 22, 2024 at 2:26 PM PST The Cayman Islands have a lot of shell companies. Moody’s Analytics found 21 million “red flags” associated with shell companies that could be used to enable financial crimes, from ancient directors to dubious addresses. For instance, more than 2,200 companies have directors aged 123 years and above, despite the fact that the oldest known human lived to 122, said Richard Graham, a director at Moody’s Analytics, in research published Monday. One listed director — at 942 years old — would have been born in the 11th century. MASQUERADE VIOLATION

A news article screenshot reports that thousands of shell companies list directors who are older than the oldest verified human lifespan, including one supposedly 942 years old. The lower “MASQUERADE VIOLATION” banner turns the absurd financial anomaly into a joke about impossible identities and fraudulent records. It is used as a reaction to obviously fake credentials, suspicious paperwork, or someone pretending to be something they cannot possibly be. EN: A news article screenshot reports that thousands of shell companies list directors who are older than the oldest verified human lifespan, including one supposedly 942 years old. The lower “MASQUERADE VIOLATION” banner turns the absurd financial anomaly into a joke about impossible identities and fraudulent records. It is used as a reaction to obviously fake credentials, suspicious paperwork, or someone pretending to be something they cannot possibly be.

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