https://nomadcapitalist.com/2019/09/16/what-are-bearer-shares/
The offshore business started off as a slightly shady industry, back in the 1980s, and it’s been connected to a lot of myths and speculations ever since. Bearer shares have also been the subject of those speculations as not everyone was sure what they represent.
Bearer shares are regular company shares of stock whose owners don’t appear on any public register.
Therefore, they’ve been really popular in the past, as it was very easy to cover up money laundering and terrorist financing by using them. That’s why using bearer shares automatically makes you a suspect of tax crimes.
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