Panama Papers ….
“For decades, the defendants, employees and a client of global law firm Mossack Fonseca, allegedly shuffled millions of dollars through off-shore accounts and created shell companies to hide fortunes,” Berman said in a statement. “In fact, as alleged, they had a playbook to repatriate un-taxed money into the U.S. banking system. Now, their international tax scheme is over, and these defendants face years in prison for their crimes.”
Untangling the cases of five Mossack Fonseca clients – one named and four unnamed – court papers show how the firm created labyrinthine networks of shell companies to keep their clients’ assets from the tax authorities.
https://www.courthousenews.com/us-charges-four-for-tax-dodges-in-panama-papers-probe/