This unassuming house in Cheyenne, Wyoming might look like any other neighborhood home, but behind its brick walls and well-manicured lawn sit the "corporate suites" of over 2,000 shell companies.
Reporters are calling this house "the Cayman Islands on the Great Plains," a small home in the suburbs of Cheyenne that holds a pretty wild secret. Inside sits a single woman who acts as operator for countless corporate "suites," each with their own mailbox out of hundreds that line the walls.
The main enterprise of this building is to create businesses that will eventually be sold off to those looking to purchase an "established company." It works much the same as buying wine: the older the company, the more expensive it is. Why would anyone look to buy such a company? For one, shell companies can be easily used to hide assets from the IRS.According to an investigation by Reuters, the tiny house on Thomas Ave. provides an entire selection of grey-area business services.
Wyoming Corporate Services will help clients create a company, and more: set up a bank account for it; add a lawyer as a corporate director to invoke attorney-client privilege; even appoint stand-in directors and officers as high as CEO. Among its offerings is a variety of shell known as a "shelf" company, which comes with years of regulatory filings behind it, lending a greater feeling of solidity.
Their website even boats that their corporations are "a legal person created by state statute that can be used as a fall guy, a servant, a good friend or a decoy. A person you control... yet cannot be held accountable for its actions. Imagine the possibilities!"
If you want one of the weirdest photo ops in America (or you just need to buy a shell company to funnel your assets into), you can find the "House of 2,000 Companies" right here.
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