From Fortune:

Moody’s Analytics uncovers 21 million red flags in shell companies, potentially enabling financial crimes, with issues including ancient directors and dubious addresses. Among the highlights are “123-year-old” company directors, and mass registrations and dormant circular ownership. The study finds trends in companies based on their location and registration. Clarify true ownership and detect risky corporate relations. Subscribe to CFO Daily newsletter.



Read more: Moody’s: Shell companies have millions of ‘red flags’ including directors aged 123 and older