Over 2,000 shell companies have directors aged 123 years or older, Moody's found. The oldest known human lived to 122
fortune.com
Moody's found 21 million "red flags" in its an analysis of shell companies. One listed director — at 942 years old — would have been born in the 11th century.

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.worldBEnglish
      11·
      10 kuukautta sitten

      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.worldEnglish
        6·
        10 kuukautta sitten

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