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Illecors@lemmy.cafe

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Crypto hedge fund CEO may not exist; probe finds no record of identity (arstechnica.com)

submitted 10 months ago by Illecors@lemmy.cafe to c/folderol@lemmy.cafe

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Now that is how you run a proper scam.

Take notes, kids!

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[–] Overzeetop@sopuli.xyz 2 points 10 months ago

This is why (well, one reason) we need corporate taxes to be gross receipts. Layers of shell companies would still be legal, but every layer re-applies tax to every dollar transferred between entities. Want corporate protections? Pay for every layer.

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