sec_parser | Money Laundering Detection using SEC filings

sec_parser is a C# library. sec_parser has no bugs, it has no vulnerabilities and it has low support. You can download it from GitHub.

A publicly traded company can create a subsidary with n shares. The subsidary can be spun out and left dormant. The bad actors then place the n stock certificates (aka bearer forms) into off-shore companies, discussed in detail above with LOM Securities. The dormant company shares are split across a number of shell off-shore companies, careful to not exceed 4% of the outstanding company stock. See SEC Rule 144 Obviously failure to disclose ownership, failure to register, and failure to report are all illegal. During this phase the lawyer and company operator, the "bad actors," conduct a series of reverse splits on the stock. The bad actors then sell the shell to an unsuspecting legit company in what is called "reverse merger" transaction. During the capitalization of the new company, new investments are made. The bad actors do not disclose the true volume of stock, the affiliated off-shore companies, or the fact that they control more than 50% of the outstanding stock. While the new company raise funds and conducts business, the share price appears to increase. Doing so, the new company believes they are adding value to their shareholders. In reality, the bad actors are making a series of "matched" trades to prop up the stock. When a larger volume of individuals participate in the purchase of stock, falsely believing the company is on the rise, the bad actors orchestrate the sale of their shares from the off-shore companies. Or the bad actors partner with a high-net worth indivdual to purchase large blocks of the off-shore shares to move his funds outside the United States. In this scenario, the high network individual's entity making the investment can then later file bankruptcy and the wealthy individual can write off the "losses". In reality, this individual will just visit the Cayman Islands and meet the bad actors to pick up his money and pay the 10% surcharge.