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Preferred term

daisy chains  

Definition

  • A DAISY CHAIN IS the terminology used to describe a series of businesses that are connected together for purposes of a business transaction. Normally, the transactions involved are either criminal or fraudulent activities, and the businesses are “chained” together in an attempt to make investigating the criminal activities of the companies difficult.Investigators devote endless time and energy to locating a company at the end of a daisy chain, only to discover that by the time the end of the chain is located, the corporation that has chained the companies together may have removed the final company in an attempt to hide the activities.The use of daisy chains is perhaps best exemplified in the transactions of oil and fuel companies. [Source: Encyclopedia of White-Collar & Corporate Crime; Daisy Chains]

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URI

https://concepts.sagepub.com/social-science/concept/daisy_chains

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