Why is one person creating multiple companies?

https://taxpolicy.org.uk/2025/01/31/the-trillion-pound-fake-missed-by-companies-house/ 40 fake venture capital companies Here’s how to find companies with false accounts: Chose a category of business that’s attractive to a fraudster. Today we’ll pick venture capital: the business of raising funds from investors and using it to fund early-stage startups. Search every company registered with Companies House that has a venture capital standard industrial classification (“SIC”) code. (Companies can pick whatever SIC they like.) Look for “venture capital” companies that aren’t regulated by the Financial Conduct Authority. Fraudsters usually steer clear of the FCA. Of those, find the companies with accounts claiming they’re holding a large amount of cash, over £10m.2 Finally, see which of the cash-rich unregulated “venture capital” companies claim to be inactive (or “dormant“). A company that really had £10m would have entries in its accounts: income on the £10m, tax, and fees and other expenses. And that means it wouldn’t be dormant⚠️. The result is a list of 40 “venture capital” companies with impossible accounts: Unless you think companies claiming to have more cash than the gdp of earth is a example of verification