Monday, April 4, 2016

Busted: How the rich and famous hide their money....

Secrets...

Via Daily Mail:
The biggest leak of financial data in history has revealed how 12 world leaders, the global rich and a host of celebrities are allegedly using offshore tax havens to hide their wealth.
The so-called Panama Papers, part of a leak of 11million files, implicate those in Russian president Vladimir Putin’s inner circle, along with families and associates of Egypt’s former president Hosni Mubarak, Libya’s former leader Muammar Gaddafi and Syria’s president Bashar al-Assad.
Lord Ashcroft, Baroness Pamela Sharples and former Tory MP Michael Mates are among the British politicians also named in the data release.
Documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca, and show how the company has allegedly helped clients launder money, dodge sanctions and evade tax.
German newspaper Suddeutsche Zeitung obtained the files and shared with the International Consortium of Investigative Journalists but the identity of the source who leaked them and how it was done is unknown.
Keep on reading…

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