this post was submitted on 28 Jan 2024
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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.

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[–] Binthinkin@kbin.social 18 points 9 months ago (1 children)

Moodys? You mean the pay-to-win rating company that nobody regulates?

[–] Cinner@lemmy.world 11 points 9 months ago* (last edited 9 months ago) (1 children)

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.world 6 points 9 months ago

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