4 men charged with fraud, money laundering in connection to Panama Papers investigation

The Department of Justice filed charges including fraud and money laundering against four individuals, one a U.S. citizen, in connection with their alleged roles in a decades long criminal scheme perpetrated by Mossack Fonseca Co, a Panamanian global law firm.

The case is part of an investigation stemming from the Panama Papers, a massive leak of financial details about secret offshore accounts in 2016.

Richard Gaffey, a U.S. citizen; Ramses Owens, 50, of Panama; and Dirk Brauer, 54, and Harald Joachim Von Der Goltz, 81, both German citizens, were charged in an indictment unsealed on Tuesday, according to a Department of Justice press release.

“They had a playbook to repatriate untaxed money into the U.S. banking system. Now, their international tax scheme is over, and these defendants face years in prison for their crimes,” Berman said.

Prosecutors say

... read more at: https://www.nbcnews.com/news/us-news/4-men-charged-fraud-money-laundering-connection-panama-papers-investigation-n943836

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