Podcast

Episode 408: How To Hide Money From Your Spouse

Island
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

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.