Chicago Tribune digs into Pritzker family and their shell companies after the release of the Paradise Papers

>>In all, 11 of the 18 companies on the list sent to the Bahamian registrar — including Moreau, Aman 1 and Aman 2 — share names similar to Pritzker family trusts that hold Hyatt Hotels Corp. stock, according to filings with the U.S. Securities and Exchange Commission.

>>Take Cheyenne Capital Holdings Ltd., one of the offshore companies on the list. SEC records show that in December 2015, the similarly named Cheyenne Trust diverted nearly 1.4 million shares of Hyatt Hotels Corp. stock into the Pritzker Family Foundation, the charitable organization Pritzker formed.

In similar fashion, Moreau Trust diverted 445,000 shares of Hyatt stock to the Pritzker Family Foundation on the same day. Aman 1 Trust and Aman 2 Trust donated an equal number of shares to the Anthony Pritzker Family Foundation.

>>It is unclear why shell companies were created with similar names to the offshore Pritzker trusts that held Hyatt stock.

http://www.chicagotribune.com/news/local/politics/ct-met-jb-pritzker-bahama-offshore-shell-company-20180313-story.html

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