Impact

‘Everyone is doing badly’, anti-money laundering czar warns
Simon Bowers · May 11, 2020

The man in charge of stopping criminals from laundering money has a scathing report of the world’s progress.

US nets second guilty plea in Panama Papers case
Will Fitzgibbon · February 28, 2020

A Massachusetts accountant should spend up to nine years behind bars for helping U.S. residents to evade taxes and launder money over almost two decades, prosecutors told a New York City courtroom on Friday.

US Taxpayer Faces Prison After Panama Papers Guilty Plea
Will Fitzgibbon · February 24, 2020

Prosecutors are seeking jail time for Harald Joachim von der Goltz, who said he was “profoundly sorry” as he pleaded guilty to a range of financial crimes.

U.S. poised to celebrate its first Panama Papers tax conviction
Will Fitzgibbon · February 11, 2020

A U.S. taxpayer will plead guilty to tax evasion and money laundering offenses in relation to the 2016 investigation.

Malta gets new PM amid Daphne Caruana Galizia murder probe
Hamish Boland-Rudder · January 13, 2020

Malta has a new prime minister following the resignation of the former leader, Joseph Muscat, whose top adviser was linked to the car bomb murder of journalist Daphne Caruana Galizia.

‘Urgent’ EU Plan to End Secret Company Ownership Poised to Miss Deadline
Simon Bowers · December 23, 2019

Countries, including Malta and Cyprus, are running out of time to comply with new rules aimed at thwarting corrupt regimes, mafia groups and terror funders.

Citing Panama Papers, Warren announces plan to fight global corruption
Will Fitzgibbon · December 18, 2019

The Democratic presidential hopeful pledged new laws to stamp out shell companies, and also planned to increase global collaboration to fight tax evasion.

Lawyers say ‘tax haven’ is a dirty word in Panama Papers case
Will Fitzgibbon · December 16, 2019

Defense attorneys in the upcoming criminal trial argued that the words “shell” company and “tax haven” would unfairly inflame the passions of the jury.

Malta’s PM to resign in January amid journalist murder scandal
Hamish Boland-Rudder · December 1, 2019

Joseph Muscat confirmed he will resign in January as the scandal over the murder of journalist Daphne Caruana Galizia continues to envelop his government.

US poised to crack down on anonymous shell companies
Sasha Chavkin · October 23, 2019

The United States is one step closer to putting an end to anonymous shell companies with the Corporate Transparency Act passing the House of Representatives.