Announcing an impeachment inquiry into President Joe Biden on Sept. 12, House Speaker Kevin McCarthy said a Republican-l
on one count of possession of a firearm he obtained after lying about his drug use and two counts of making false statements about his illegal drug use on a form when buying the gun.
A shell company is"a corporate entity set-up that generally has no business operations," said David P. Weber, a professor in the accounting and legal studies department at Salisbury University's Perdue School of Business. Weber previously served as chief investigator for the Securities and Exchange Commission and as special counsel for enforcement with the U.S. Treasury Department.
In the popular understanding, shell companies usually have a negative connotation, often for good reasons, experts say.
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