What Is A "Shell Company"?

[Lesh]

Read the statute.

Post it

 

[Billiejeens]

You should probably post it

I have

 

[Billiejeens]

He sure did. Read up.

What is your rationale for thinking that he is privy to everything that Joe does?

 

[Nobody911]

I keep hearing people on this forum ominously stating that Hunter Biden has "20 shell companies". The implication is that this is something really, really bad.

But when I ask these people what "20 shell companies" means to them, I get silence.

So I thought I'd throw it out there to the forum in general and see what happens.

What does "shell companies" mean to you?

Thank you.

Comer says he will issue subpoenas 'today' for Hunter Biden, James Biden bank records

Rep. James Comer said he will issue subpoenas "today" for bank records for Hunter Biden and James Biden as part of their impeachment inquiry into President Joe Biden.

abcnews.go.com

A shell company is like a shell, a covering of bird's egg. No kidding. lol.

There are many examples of shell companies in the real world, some of them are:

1. Offshore Companies - These are companies that are registered in countries with low tax rates or financial secrecy laws, where the true owners can remain anonymous.

2. Shelf Companies - These are companies that have been set up but have not yet been used for any business activities. They are often bought by investors to save time in setting up a new company.

3. Holding Companies - These are companies that exist solely to hold and manage assets, such as stocks, real estate, or intellectual property. They can be used to minimize tax liabilities and hide ownership of assets.

4. Special Purpose Vehicles (SPVs) - These are companies that are created for a specific purpose, such as to hold a particular asset or to finance a particular project. They are often used to isolate risk and protect other assets.

5. Letterbox Companies - These are companies that have a mailing address but no physical presence or employees. They are often used to conduct business across borders or to evade taxes and regulations.

Shell companies have been used in the past by intelligence agencies such as the CIA, MI6, and Mossad as part of covert operations. These agencies use shell companies as a means of conducting their operations while maintaining secrecy and avoiding public scrutiny. For example, a shell company can be used as a front for purchasing equipment or providing cover for agents working undercover.

The use of shell companies by intelligence agencies has long been a controversial topic, with some arguing that it allows these agencies to operate above the law and engage in activities that would otherwise be illegal or unethical. In recent years, there has been increased attention on the use of shell companies by intelligence agencies, with some governments implementing stricter regulations and oversight to try to prevent abuse of these entities.

However, not all shell companies are used for illegal or unethical purposes. Many are used for legitimate reasons such as financial management, tax planning, and asset protection. However, due to their opacity and potential for abuse, shell companies are often subject to increased scrutiny by regulatory authorities.

Now the shells are part of political games between Red and Blue. Just enjoy watching! lol.

 

[Fort Fun Indiana]

What is your rationale for thinking that he is privy to everything that Joe does?

That's a dumb question. He spoke right to the evidence.

 

[AZrailwhale]

its every amerians right to dodge taxs,,

its not their right to use political office to enrich your family and use shell compainies to launder the money,,

It’s not any American’s right to dodge taxes. It’s our responsibility to pay every dollar of taxes properly owed by law. Using legal means to not pay some taxes is not wrong.

 

[Procrustes Stretched]

I keep hearing people on this forum ominously stating that Hunter Biden has "20 shell companies". The implication is that this is something really, really bad.

But when I ask these people what "20 shell companies" means to them, I get silence.

So I thought I'd throw it out there to the forum in general and see what happens.

What does "shell companies" mean to you?

Thank you.

Comer says he will issue subpoenas 'today' for Hunter Biden, James Biden bank records

Rep. James Comer said he will issue subpoenas "today" for bank records for Hunter Biden and James Biden as part of their impeachment inquiry into President Joe Biden.

abcnews.go.com

What Is A "Shell Company"?​

Nothing illegal.

 

[Procrustes Stretched]

Devon fucking Archer! Devin said Joe did NOTHING wrong as far as he knew and witness. Swing and a miss hack! ROTFLMFAO, I mean you just can't make this shit up!
MAGA

bingo

 

[westwall]

What Is A "Shell Company"?​

Nothing illegal.

When it is used to launder money it is.

Bidens 20+ shell companies laundered MILLIONS.

DURRRRRR

 

[Procrustes Stretched]

When it is used to launder money it is.

Bidens 20+ shell companies laundered MILLIONS.

DURRRRRR

quotes: For instance, the second staff memo never says that Hunter Biden used “shell” companies — a term often associated with shady or illegal activity, even though a shell company is a legitimate entity. Comer once described such an entity as “a fake company … they don’t make anything. They don’t produce anything. They don’t provide a good or service.” He is not wrong about many shell companies, but the memo lists real companies, with active websites and real business functions. (The third staff memo refers to just one “shell” company, which we will describe later.)

The Hunter Biden Shell Companies Myth Exposed Over And Over Again

Members here have posted lies like this: "20 shell companies. Why? If everything is legit, why did the Biden’s make 20 companies with no employees, investments, products, services, or payrolls." - False. I'm not sure how people become so easily duped by media reporting sleight of hand...

www.usmessageboard.com

Billiejeens calls it fake without refuting a single things

next

 

[Procrustes Stretched]

When it is used to launder money it is.

Bidens 20+ shell companies laundered MILLIONS.

DURRRRRR

https://www.washingtonpost.com/politics/2023/08/17/how-republicans-overhype-findings-their-hunter-biden-probe/

Analysis | How Republicans overhype the findings of their Hunter Biden probe

Rep. James Comer’s rhetoric does not track with the reports issued by House Committee Oversight staff.

web.archive.org

quotes:

The Facts​

The House Oversight Committee has struggled to connect President Biden to any nefarious acts, so lawmakers have relied a lot on innuendo. The House speaker’s reference to “shell companies” is a good example. As we have shown, virtually all of the companies that received the funds in question had legitimate business interests. Similarly, lawmakers have claimed that it’s not clear what Hunter Biden did to earn the money, when it’s often quite evident. For instance, Hunter Biden earned millions as a board member of Burisma, a Ukrainian energy company. (Whether he was qualified for the post is another matter.)

https://www.washingtonpost.com/politics/2023/08/17/how-republicans-overhype-findings-their-hunter-biden-probe/

Analysis | House GOP lawmakers keep hyping the numbers on Hunter Biden’s foreign deals

Even the House Oversight Committee’s own math shows that many lawmakers overreach when they comment publicly.

web.archive.org

 

[Lesh]

When it is used to launder money it is.

Bidens 20+ shell companies laundered MILLIONS.

DURRRRRR

Oddly… you have zero proof of that

 

[d0gbreath]

The Shell company should sue for defamation.

 

[Lakhota]

Shell companies are used to hide shit.

Shell corporations are frequently used to evade tax because they are relatively easy to set up and difficult to trace. One of the main ways people use shell companies for tax evasion is by hiding taxable income and financial assets in a shell corporation in a different country.

 

[Lesh]

Shell companies are used to hide shit.

Shell corporations are frequently used to evade tax because they are relatively easy to set up and difficult to trace. One of the main ways people use shell companies for tax evasion is by hiding taxable income and financial assets in a shell corporation in a different country.

Some are. It’s not all they are

 

[westwall]

quotes: For instance, the second staff memo never says that Hunter Biden used “shell” companies — a term often associated with shady or illegal activity, even though a shell company is a legitimate entity. Comer once described such an entity as “a fake company … they don’t make anything. They don’t produce anything. They don’t provide a good or service.” He is not wrong about many shell companies, but the memo lists real companies, with active websites and real business functions. (The third staff memo refers to just one “shell” company, which we will describe later.)

The Hunter Biden Shell Companies Myth Exposed Over And Over Again

Members here have posted lies like this: "20 shell companies. Why? If everything is legit, why did the Biden’s make 20 companies with no employees, investments, products, services, or payrolls." - False. I'm not sure how people become so easily duped by media reporting sleight of hand...

www.usmessageboard.com

Billiejeens calls it fake without refuting a single things

next

Legit shell companies provide either services, or products. What did the Biden shell companies provide?

 

[Billiejeens]

Legit shell companies provide either services, or products. What did the Biden shell companies provide?

Access.

 

[Lesh]

Legit shell companies provide either services, or products. What did the Biden shell companies provide?

That’s not at all true.

Who told you that? Smack em. They lie

 

[initforme]

She'll companies should be unconstitutional in caputalism

 

[Lesh]

She'll companies should be unconstitutional in caputalism

What?