Moody’s Analytics has found 21 million “red flags” associated with shell companies that could be used to enable financial crimes, from ancient directors to dubious addresses.

For instance, more than 2,200 companies have directors aged 123 years and above, despite the fact that the oldest known human lived to 122, said Richard Graham, a director at Moody’s Analytics, in research published Monday. One listed director — at 942 years old — would have been born in the 11th century.

    • Cinner@lemmy.worldB
      link
      fedilink
      English
      arrow-up
      11
      ·
      edit-2
      9 months ago

      It may be the same Moody’s, I can’t tell, but they have a different domain name and have a long list of departments including investments and portfolio management, compliance/KYC, supplier risk management, and many others. They are a large financial services company. https://www.moodysanalytics.com/

      Regardless, this is a very interesting investigation.

      • acceptable_pumpkin@lemmy.world
        link
        fedilink
        English
        arrow-up
        6
        ·
        9 months ago

        Moody’s Analytics is a subsidiary of Moody’s Corporation. The Moody’s Investor Services is all part of the overall Moody’s.