US government announced charges against four men it said laundered money and arranged tax avoidance schemes through the Panama firm. The four were affiliated with Mossack Fonseca, the law firm that helped thousands of clients around the world move money offshore to protect it from taxes.<br />'' <br />''Named in the 11-count indictment were Ramses Owens, Dirk Brauer, Richard Gaffey and Harald Joachim Von Der Goltz.<br />''&nbsp; <br />''Prosecutors said Brauer was arrested in Paris on November 15, Van Der Goltz was arrested in London on Monday, and Gaffey was arrested in Boston yesterday. Owens remains at large.<br />'' <br />''Mossack Fonseca's operation was exposed in 2016 by reporters coordinated by the International Consortium of Investigative Journalists, which went through 11.5 million leaked files to discover that scores of world leaders, sports and entertainment stars and dozens of billionaires used the firm to hide their wealth.<br />'' <br />''<span style="color: #222222;">Manhattan US Attorney Geoffrey Berman said these defendants went to extraordinary lengths to circumvent US tax laws in order to maintain their wealth and the wealth of their clients.</span><br />
News On AIR | December 5, 2018 8:48 AM
US: Four people charged in 'Panama Papers' investigation