Fraudsters are getting smarter, using shelf and shell companies to sidestep verification and slip into the financial system. These seemingly legitimate companies often evade KYB checks, giving criminals the green light to open accounts and move illicit funds.
So how can fintechs, banks, and marketplaces separate real businesses from bad actors?
In this session, Middesk’s Jules Mei breaks down how shelf and shell companies work, why standard verification falls short, and what financial institutions can do to stop this type of fraud before it starts.
Key takeaways:
- The biggest red flags for shell, shelf, and synthetic companies
- How fraudsters exploit KYB gaps—and the data they can’t fake
- Strategies to detect and prevent business identity fraud without adding friction for legitimate customers
Live event:
Thursday, April 24th, 2025 - 1:00 pm - 1:30 pm
Available on demand after the event.
