Sentences with phrase «as a shell corporation»
Set up by billionaires Nat Simons and his wife, Sea Change has been exposed by multiple investigators as a shell corporation that funnels huge sums to radical anti-fracking and anti-fossil fuel activists from Vladimir Putin pals, giant Russian oil companies and investment groups, and more reputable sources like the Gates and Walmart Foundations.
http://www.cfact.org/ Not exact matches
Access Energy secured a rural development grant as well as providing local match funding for the grant, enabling the development corporation to construct the 50,000 ft ² shell building that West Liberty Foods (ITGC) has occupied.
Unfortunately, there are many providers out there who only have a shell as a business corporation and they operate mainly to steal from other people.
The indictment described Vinnik as the owner and operator of multiple BTC - e accounts, including administrator accounts, and also a primary beneficial owner of BTC - e's managing shell company, Canton Business Corporation.
The corporation acts as a shell for the investors» accounts, shielding them from the higher tax burden that would be incurred in their home country.