WHAT IS A GHOST COMPANY? SIGNS OF MEMBER FRAUD
What is a ghost company? Have you ever encountered or experienced an unreliable and fraudulent unit? Nowadays, there are many units that hide behind reputation and create many risks for users.
Let’s find out with JILIPARTY about the signs to recognize these units to stay away from them!
A SIMPLE EXPLANATION OF WHAT A GHOST COMPANY IS?
In fact, these are companies that only exist on paper for many purposes such as money laundering, fraud, and tax evasion. And of course, there will be no real business or service activities taking place, or if there are, they will be to deceive users.
To better understand what a ghost company is, we can explain that after committing illegal acts after registering a business, the leaders will flee. Because the procedure for registering a business in our country is quite easy and creates conditions for new companies.
An individual can even establish dozens of ghost companies at home and abroad to make it look like they are easy to scam. It can be said that this is a form that causes headaches and affects users, businesses, and even the entire economy.
SIGNS OF A GHOST COMPANY?
If you’re concerned that the platform imparting you with offerings is a rip-off, you may check with the segment on figuring out ghost companies. Although it is relative, if there are these signs, 90% of them are units that are luring chickens and scamming.
TYPE OF BUSINESS
The most common form of these ghost companies is the form of establishing a limited liability company or individual ownership. Because these two forms are very easy to register and the investment capital is not large to prove to law enforcement agencies.
For units providing betting services, a business license is extremely important to bring prestige to players. There will be units that are established and forge operating licenses and commit fraudulent acts or run away with money.
THE PERSON IN THE NAME OF THE COMPANY COMES FROM ANOTHER PLACE
What is the next sign of a ghost company? That is the person who registered to establish the company. For businesses, they are people from other places, maybe other localities or other countries.
Registering information here will help them to escape to another locality if they discover that the incident is exposed. Fraudulent units do not dare to publicly disclose their founders because basically the information that is made public is fake.
WHAT ARE THE SIGNS TO IDENTIFY THE HEADQUARTERS OF A GHOST COMPANY?
If it is a legitimate unit or company, the headquarters is always located in a beautiful and fixed location. However, for these virtual businesses, these are locations rented at cheap prices in places with low population density.
With the business’s hidden activities, the addresses on the documents are all fake so that they can easily escape. If the agencies detect anything unusual at the virtual registration location, they can immediately sniff it out and escape to their base.
DURATION OF EXISTENCE
What are the signs of a ghost company? The operating time is likewise a thing really well worth considering. Usually, these fraudulent units will have a very short existence time. Due to the constant change in business registration procedures and operating locations, the actual existence time is very little.
PAYMENT METHOD
What is the next sign to identify a ghost company? To efficiently rip off players, those unit frequently create ghost accounts. That means you can still pay, but the source of money and transactions will be erased by the company so that the agencies cannot check. So be careful if the payment account in the transaction is unusual!
WHAT ARE SOME REAL, CONCRETE EXAMPLES OF GHOST COMPANY?
If you are interested in the Philippine film industry, you will surely know about the establishment of ghost companies and stock manipulation. The most typical example is the famous actress Dingdong Dantes who established a company and used her reputation to spread fake news.
It can be said that her fans or those who trusted her trusted and traded with her, helping the actress make huge profits. By raising prices or trampling stocks, she has disrupted the investment market in this country.
CONCLUSION
Through the information mentioned above, you must have understood the basics of what a ghost company is, right? Jiliparty hopes that with the information provided, players will not choose the wrong scam unit or trust too much to lose all their assets!
