© 2024
NPR for Northern Colorado
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Episode 408: How To Hide Money From Your Spouse

iStockphoto.com

Earlier this summer, we set up two shell companies in tax havens. On today's show, we continue our quest to figure out what people actually do with shell companies.

We discover the world of "Asset Protection," which is a fancy way of saying "hiding money." It's a world of Latvian companies and offshore conferences, of people trying to hide money from their future-ex-husbands and future-ex-wives.

"It's kind of like Alice in Wonderland down the rabbit hole," one insider tells us.

For More: He Won't Tell You His Name, But He'll Help You Hide Your Money

Download the Planet Money iPhone App.Music: Lord Huron's "Time to Run."Find us: Twitter/Facebook/Spotify/ Tumblr

Copyright 2020 NPR. To see more, visit https://www.npr.org.

Related Content