On March 21, Treasury Secretary Scott Bessent announced that U.S. shell companies and their owners can once again conceal their identities — a move critics warn could weaken national security and spur ...

We kept hearing how a ton of wealth is stored in offshore tax havens. How does this secret and shady world work? Well, we set up not one, but two shell companies to find out. Turns out it's kind of ...

Shell companies -- companies that have no or nominal business operations or non-cash assets for an extended period of time -- can be used for legitimate purposes. However, they can also be used by ...

Special purpose acquisition companies (SPACs) offer a unique way for companies to go public. A SPAC is a shell company listed on a stock exchange that aims to acquire a private company, allowing it to ...

Atlanta-based Biostem Inc. has spent the last few years searching for its mission in life. Since November 2001, the company has described itself in federal securities filings as an Internet developer, ...

Market manipulation schemes related to shell companies aren't new, but the industries involved are always shifting. Shell companies -- companies that have no or nominal business operations or non-cash ...