Economic crime report 2004 - Ekobrottsmyndigheten

cover are put into the service of economic crime. The state loses major tax
and fee revenues as a result. Suppliers and creditors suffer heavy losses.
Meanwhile, having observed that government agencies are monitoring
their activities, some founders of spurious shelf companies have started
to market partnerships and limited partnerships instead of joint stock
companies.
Trends Over the Next Three Years
Despite the countermeasures that have already been initiated, and that will
be evaluated and improved upon on an ongoing basis, the risk remains
that these spurious activities will continue. The state may lose major tax
and fee revenue as a result. Suppliers and creditors are in danger of suffering
large losses.
Proposals
The Swedish Economic Crimes Council extended the mandate of the
Spurious Founders of Shelf Companies task force to work on and gather
resources for implementing the proposed measures. The measures are
broken down into two basic categories.
• Providing information on the content of the report to employees of
the cooperating agencies, founders of shelf companies, accountant’s
organizations and individual accountants for chains of shelf companies.
Hopefully that will have a preventive effect and alter the behaviour
of those involved.
• Taking advantage of existing legislation to prosecute people who participate
in spurious shelf company dealings.
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