Helena Wood on shell companies

As featured in ICIJ

Anti-Money Laundering


Helena Wood, of the Centre for Financial Crime & Security Studies at U.K.-based think tank the Royal United Services Institute, has long argued that responsibility for all verification checks should be removed from company formation agencies and carried out independently. “We know loads of these [agencies] don’t check ID. Of course they’re not doing it. They’re absolute cowboys, some of them,” she said.