This Delaware Address Is Home to 200,000 Shell Companies—Including Hillary Clinton’s
The address “1209 North Orange Street” in Wilmington, Del., has become known in recent years as the epicenter of U.S. corporate secrecy. The squat, split-level building is the official address of over 285,000 companies, many of which are looking to take advantage of Delaware’s Panama-like secrecy rules, tax incentives, and business-friendly case law.
In the wake of the recent “Panama Papers” scandal, this unassuming brick office has received renewed scrutiny from the
Washington Post, the
New York Times, the
Telegraph, and advocates for corporate tax reform.
But one of its tenants may come as a surprise—a company owned by Democratic presidential frontrunner Hillary Clinton.
Hillary and Bill Clinton quietly set up two shell companies listed at “1209 North Orange Street” in 2008 and 2013, the
Washington Free Beaconhas found. The names of the companies, but not their location, were first made public in
tax filings released by Hillary Clinton last year.
