I-Team: How We Started An Offshore Shell Company - NBC New York

    I-Team: How We Started An Offshore Shell Company

    It is no secret that America's ultra-rich stash much of their wealth in offshore accounts. The idea is to avoid taxes by keeping assets hidden in shell companies that just happen to be incorporated in zero-tax nations like the Cayman Islands or Belize. As it turns out, you don't need a squadron of bankers or international lawyers to set up one of these secretive shell corporations. I-Team reporter Chris Glorioso has the story. (Published Wednesday, Sep 19, 2012) It is no secret that America's ultra-rich stash much of their wealth in offshore accounts. The idea is to avoid taxes by keeping assets hidden in shell... See More