Financial Transparency Coalition

Leo Getz (played by Joe Pesci) explains in Lethal Weapon 2 how he managed to launder 500 million dollars, Leo's money laundering scheme was possible thanks to a "dummy finance company", which these days would probably be created in Delaware, online, in about thirty minutes. His dummy corporation allowed him to hide dirty money because he did not have to declare a beneficial owner. Otherwise, Leo's activities would be transparent, and law enforcement would arrest him.