A Reuters investigation has found the house at 2710 Thomes Avenue serves as a little Cayman Island on the Great Plains. It is the headquarters for Wyoming Corporate Services, a business-incorporation specialist that establishes firms which can be used as "shell" companies, paper entities able to hide assets. Full Story »
Posted by Michael Shaver - via Reuters, Richard Lazzara (t)
Every once in a while I come across a story where my first reaction is "you've got to be kidding me!" As they say truth is stranger than fiction, Kelly Carr and Brian Grow have written a wonderfully compelling article that in essence details a part of modern-day commerce that for the most part is unrecognized and unnoticed. With the state of the economy today and the tax burden being continually shifted onto the poor and middle class reading this article reminds me of a termite infestation that has progressed for so long unchecked that the damage they have done, even though not visible to the naked eye, could very easily collapse the whole structure. This is a great story about a topic that most people don't even know exists.
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