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Tell Congress: End Anonymous Shell Companies

Anonymous Shell Companies – Abused by Kleptocrats, Tax Evaders, Human Traffickers, and Drug Dealers

The recent disclosures in the "Paradise Papers" and the "Panama Papers" highlight the serious problems associated with anonymous shell companies — they facilitate almost every crime, including corruption, human and drug trafficking, tax evasion, financial fraud, wildlife crime, and terror-financing.

The secrecy provided by these "get-away cars for criminals" makes it impossible for law enforcement to follow the money trail when investigating serious crimes.

Remarkably, the United States is the easiest country in the world for a criminal or terrorist to open an anonymous shell company to launder their money with impunity.  

It's time that Congress put an end to this travesty.

The House of Representatives recently passed bipartisan legislation to require that the true owners of companies be disclosed.

There is bipartisan legislation in the Senate that would similarly bring secret shell companies into the light.

Take action now to urge your Senators to support the bipartisan ILLICIT CASH Act (S.2563).




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