New law cracks down on shell companies to combat corruption
For the first time, shell companies will be required to provide the names of their owners or face stiff penalties and jail sentences. Salisbury University Clinical Assistant Professor and Doctor of Business Administration student David P. Weber (DBA ’23) shares his insights on this new law as a former U.S. Treasury investigator who was one of two experts to review the Panama Papers before publication.
See what Weber had to say in this story from The Associated Press.