The United Nations has blacklisted Scottish "tax haven" firms after uncovering fraud in its global aid programme.
THE number of new “secrecy firms” boomed in England after an attempted crackdown on their Scottish equivalents, The Herald can reveal.
DIRTY money is pouring in and out of world football through Scottish and English “tax haven” firms, campaigners have warned.
A single Scottish accountant created and represented companies used to flush at least $7 billion in dirty money out of the former Soviet Union, The Herald can reveal.
One of Scotland’s biggest law firms has pulled out of a deal under which it hosted shell companies for anonymous Italians, Brazilians and Russians.
SOMETIMES shell companies are called ghost firms. Such businesses rarely come out of the shadows they haunt, rarely reveal their true owners or real accounts. But, unlike, real spectres they can at least be killed. Or so we thought.
THE effect was instant – but not lasting. Back in the summer of last year the UK Government said it would force every one of Scotland’s thousands of limited partnerships to name their true owners.
FAKE “owners” for Scottish shell firms are being openly sold online for as little as 170 euros in a major challenge to Britain’s anti-money-laundering defences, The Herald can reveal.
A Scottish shell firm with secret owners paid a Washington lobbyist to help Balkan conservatives access Donald Trump’s White House.
HUNDREDS of shell companies based at one of Scotland’s biggest law firms have flouted anti-money-laundering laws, The Herald can reveal.
