[ransomnote]

 

The Panama papers revealed an international circle of tax evasion

Leaked in 2013, the 260GB of leaked documents revealed a network of businesses and people that were clients with Mossack Fonseca. Some articles referenced "The Stars" so this likely includes celebrity powerbrokers in addition to the high profile political types listed belwo. The law firm is an international expert in setting up offshore companies which clients use to funnel funds and effectively avoid taxation. The sheer size of the leak is absolutely enormous. Clients included twelve national leaders among a total of 143 politicans, their families, and close associates from around the world who were using offshore tax havens.

 

The following excerpted information was composed from the articles coming out in 2016. Influential internationals were found to be hiding wealth in offshore accounts.

• Six members of the UK's House of Lords, three prior Conservative MPs and dozens of donors to British political parties
• World Leaders: Pakistan Prime Minister Nawaz Sharif; Former interim prime minister and former vice-president of Iraq, Ayad Allawi,; Former president of Ukraine Poroshenko, ; a son of Egypt’s former presidentAlaa Mubarak; and the prime minister of Iceland, Sigmundur Davíð Gunnlaugsson.
• China - at least eight current and former members of China's politburo, and their famlies were found to have hidden wealth offshore.
• Twenty-three individuals who have had sanctions imposed on them for supporting oppressive regimes According to leaked info, the lawfirm content included the statement, “Ninety-five per cent of our work coincidentally consists in selling vehicles to avoid taxes.

[ransomnote]

Given the steady, high number of tax preparers the DOJ is prosecuting and shutting down since I’ve been reading that site, I’d say they are going after Deep State funds that flow through the veins of the country.

[Zhang Fei]

https://www.theguardian.com/news/2016/apr/06/panama-papers-reveal-offshore-secrets-china-red-nobility-big-business

[Zhang Fei]

Years before the Panama Papers came out, intrepid Bloomberg reporters let the cat out of the bag re Xi Jinping’s personal slush fund, stashed with his kin:

https://www.theguardian.com/world/2012/jun/29/china-bloomberg-xi-jinping

[Zhang Fei]

Bloomberg let Beijing censor its China coverage, whereas the New York Times did not. Guess which company got visas for its journalists, and which company had its visa requests kiboshed?

https://www.newyorker.com/news/news-desk/how-not-to-get-kicked-out-of-china

[Daffy]

from the press release:
Assistant Attorney General Benczkowski praised the outstanding investigative work of IRS-Criminal Investigation and U.S. Immigration and Customs Enforcement’s Homeland Security Investigations, and thanked the Justice Department’s Tax Division and the FBI for their significant assistance in the investigation. Assistant Attorney General Benczkowski also thanked the Criminal Division’s Office of International Affairs as well as law enforcement partners in France, the United Kingdom and Germany for their assistance in the case.

I remember hearing of this Panama operation many years ago, involving dozens of the wealthy and politically-connected. Was anyone else charged besides this 75yo accountant and his client?