Disguised Foreign Controlled Companies and the Facilitation of Transnational Criminal Activities in Thailand
Journal: International Journal of Criminology and Sociology
Year: 2021

The primary objectives of the study are to examine the role of a business using Thai nationals as nominee shareholders in foreign-controlled companies in the facilitation of the transnational criminal groups’ activities in the tourist destinations, and their social and economic impacts on the country. Nominee shareholder appointment in a legal entity has commonly been recognized as one of the techniques employed by criminal groups to launder and obscure the ownership of their illegal assets. How