Good to hear Matthew Rosen of the New York County District Attorney’s Office (Morgenthau’s team in other words) saying that the big problem with regard to shell companies in the USA is home grown.
Tackle the problem of failing to collect data on beneficial ownership in the USA he says and you remove the biggest support to crime that the States now provides to white collar criminals. He described that as the certificate of incorporation of a US company.
The failure to act he says hurts US credibility, harms the fight on crime and undermines all attempts to beat terrorist financing.
So please don’t say that the Task Force does not face real issues when tackling these issues.
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