For all the talk about money laundering risks associated with overseas shell companies, the U.S. too contains havens for anonymous firms. States handle incorporation and some have loose requirements, such as Delaware, which one report called an “Onshore Offshore.” The U.S. Senate has failed at passing legislation creating a national standard for identifying beneficial owners of companies at incorporation, though the stars may align for passage. The White House said in a recent fact sheet it’s trying to take action on the issue. A recent Global Witness report, which compiled 22 cases of shell companies facilitating crime based...