Oct 05, 2021
Pandora Papers sparks more international calls for investigation as pressure mounts on leaders in leaked records
Officials in more than a dozen countries have called for probes in wake of biggest-ever offshore leak.
Officials in more than a dozen countries have called for probes in wake of biggest-ever offshore leak.
Baker McKenzie has been a pioneer in corporate tax dodging. It now acts for notorious tycoons, arms makers and authoritarian regimes operating in the shadow economy.
As the first wave of stories on a massive leak detailing the financial secrets of the global elite and enablers of a shadow economy is published, reactions roll in around the world.
Secret files show sprawling industry of enablers exploiting gaps in anti-money laundering laws.
Alcogal set up offshore companies for 160 politicians and public officials, leaked records show – including some accused of looting their countries.
The Pandora Papers reveal the inner workings of a shadow economy that benefits the wealthy and well-connected at the expense of everyone else.
Years of complex exposés on the offshore financial system has bred a global army of journalists who know the right questions to ask to investigate dirty money, tax dodging and suspicious transactions.
The Panama Papers scandal helped create a “snowball effect” of international awareness on how anonymous corporate vehicles can enable tax evasion, corruption, and crime, advocates say.
The territory, whose shell companies have repeatedly played a role in notorious global crime schemes, also may be blacklisted by the EU after the Brexit deal.
Despite a long record of fraud, a New Jersey con man was able to swindle hundreds of victims around the world who were promised cheap used cars.