December 6, 2018

Major private research funders make secretive offshore investments, raising ethical concerns. ILLUSTRATION: STEPHAN SCHMITZ/FOLIO ART A few years ago, scientists funded by the Wellcome Trust, one of the world’s wealthiest private philanthropies, published sobering findings about the deadly effects of air pollution. In a long-term study of elderly residents of Hong Kong, China, those exposed […]

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By Eric Havian and Michael Ronickher December 6, 2018, 6:17 PM EST Law360 (December 6, 2018, 6:17 PM EST) — Late Tuesday, federal prosecutors unsealed an indictment alleging wire fraud, tax evasion, and money laundering by three employees and a client of Panamanian law firm Mossack Fonseca. Last week, German authorities… … read more at: […]

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Millions of internal files from Mossack Fonseca, a law firm headquartered Panama, were leaked in 2016, prompting investigations by journalists and subsequent charges by prosecutors. Arnulfo Franco/AP hide caption toggle caption … read more at: https://www.npr.org/2018/12/06/673781386/prosecutors-file-first-u-s-charges-stemming-from-2016-panama-papers-leak

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A German bank is in hot water over money laundering allegations.  Deutsche Bank‘s offices in Frankfurt, Germany, were raided by 170 police officers and tax inspectors Thursday in connection with a money laundering probe. The bank’s main headquarters and other branches in the city were searched.  Authorities are targeting at least two employees suspected of helping […]

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In a two-day raid, the Frankfurt public prosecutor’s office and the Federal Criminal Police Office searched several Deutsche Bank offices, including its head office at Taunusanlage in Frankfurt, and questioned employees. The investigations concern the so-called “offshore leaks” and Panama Papers. The public prosecutors’ investigations are directed against “two named and further unnamed employees of […]

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Hamish Boland-Rudder Will Fitzgibbon Deutsche Bank’s Frankfurt headquarters have been raided by 170 German police officers and officials as part of a Panama Papers-related money laundering investigation. The investigation is focused on whether Germany’s biggest bank helped clients set up offshore accounts to transfer money from criminal activities. Police and officials searched six of the […]

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GROUND ZERO. Photo shows the building where the office of Panamanian law firm Mossack Fonseca is located in Panama City, Panama. Photo by Alejandro Bolivar/EPA WASHINGTON, USA – The US government announced charges Tuesday, December 4, against 4 men it said laundered money and arranged tax avoidance schemes through the Panama firm at the center […]

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Police in Germany have raided the offices of Deutsche Bank in connection with the Panama Papers revelations and as part of an investigation into alleged money laundering. About 170 police officers, prosecutors and tax inspectors searched six Deutsche Bank offices in and around Frankfurt, the public prosecutor’s office said. Investigators are looking into the activities […]

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WASHINGTON – The Justice Department announced charges on Tuesday against four people, including a U.S. citizen, whose alleged role in a worldwide conspiracy was unearthed after the Panama Papers investigation.  Those charged include Ramses Owens, 50, a Panamanian citizen; Dirk Brauer, 54, a German citizen; Richard Gaffey, of Medfield, Mass.; and Harald Joachim Von Der Goltz, 81, a […]

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Accused of illegally hiding tens of millions of dollars from the U.S. Internal Revenue Service (IRS), four men, including a former investment manager, a former U.S. resident, an American accountant and a Panamanian lawyer, are facing federal charges ranging from tax evasion to money laundering conspiracies. Associated with the Panama Papers scandal, each of the […]

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WASHINGTON/NEW YORK—U.S. prosecutors announced Dec. 4 that they have charged four people with taking part in a decades-long scheme to evade U.S. taxes that came to light after a massive leak of offshore financial data known as the “Panama Papers.” Three of the four people have already been arrested, prosecutors said, in the first criminal […]

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The campaign opposing electoral reform in British Columbia received funds from wealthy BC Liberal donors named in high-profile offshore tax haven leaks. Financial disclosures from the No BC Proportional Representation Society have already shown BC’s entrenched interests are spending big money bankrolling the campaign to stop proportional representation – including business lobbyists, real estate moguls and […]

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Federal authorities announced a raft of conspiracy and tax fraud charges Tuesday against four men in the first U.S. prosecution related to the so-called Panama Papers. Read more here. Found a spelling error? Let us know – highlight it and press Ctrl + Enter. … read more at: https://www.kyivpost.com/ukraine-politics/associated-press-4-men-charged-in-panama-papers-investigation.html

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