On: Billions in Dirty Money Flies Under the Radar at Busiest Airports

[benmanns]

Starting January 1, 2025, existing companies will need to report beneficial owners to FinCEN, which may start the process of cutting down on shell company abuse. https://www.fincen.gov/boi-faqs#B_2

[avidiax → benmanns]

Last I heard about this, the shell companies have 6 months after creation to declare the true beficial owners.

So it seems like the game continues, now in 6 month installments.