ThinkProgress: Delaware ready to crack down on anonymous shell companies

This article was originally published in ThinkProgress.

In an unprecedented letter this month, Delaware Secretary of State Jeffrey Bullock announced that his state was now in favor of ending anonymous shell company formation in the United States. Delaware has long been the poster child for providing the types of companies rogue regimes and terrorist networks use for financial flows — as well as one of the main road-blocks in efforts to finally provide some oversight to the U.S.’s company formation sector. It’s also the state that just so happens to have multiple shell company ties to the Trump campaign, and even to the president himself… “I think [the letter] is a game-changer,” Clark Gascoigne, deputy director of the Financial Accountability and Corporate Transparency (FACT) Coalition, told ThinkProgress.

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