184: Billions of Dollar

Laird’s POV “Listen, the shell companies belonged to Peter. He had borrowed the names of Alan, Mallory, and other people as the owners of the companies. In exchange for borrowing their names and providing a seemingly legal place to store money, they received some fees.” Mr. Golden started to explain the matter. “The results from tracing the transactions showed that the shell companies, disguised as investment firms, bought shares to inflate the stock value in the companies. For example, Alan's company had received a large amount of capital from one of the shell companies.” “Then Alan's company would record sales as if they were skyrocketing. After a few months of being held in Alan's company’s account, the shell company was dissolved and liquidated. With this dissolution, Alan's company had to return a certain amount of investment plus the promised dividends.” “Next, they would open a new shell company and carry out the same operational business with another company, for instance, Mall