Global tax evasion network revealed

Yesterday, more than a hundred media outlets around the world, coordinated by the Washington, DC-based International Consortium of Investigative Journalists, released stories on the Panama Papers, a collection of leaked documents exposing a widespread system of global tax evasion used by a host of politicians, celebrities and other elites. Hopefully this will provoke further public unrest and demand for change…

The leak includes more than 4.8 million emails, 3 million database files, and 2.1 million PDFs from the Panamanian law firm Mossack Fonseca that, according to analysis of the leaked documents, appears to specialize in creating shell companies that its clients have used to hide their assets….about 2,000 times larger than the WikiLeaks state department cables,” it’s indeed the biggest leak in history.  See: How reporters pulled off the Panama Papers, the biggest leak in whistle blower history.

…Based on a trove of more than 11 million leaked files, the investigation exposes a cast of characters who use offshore companies to facilitate bribery, arms deals, tax evasion, financial fraud and drug trafficking.  Behind the email chains, invoices and documents that make up the Panama Papers are often unseen victims of wrongdoing enabled by this shadowy industry. This is their story. Here is a direct video link.

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