Panama Papers: Four charged in USA with fraud and tax evasion

Panama Papers: Four charged in USA with fraud and tax evasion

Panama Papers: Four charged in USA with fraud and tax evasion

The data leak included copies of about 200 American passports, and some 3,500 shareholders in the offshore companies listed addresses in the USA - a small fraction of the more than 250,000 companies Mossack Fonseca set up for clients in four decades of business.

Gaffey was the only American among the four charged in a decades-long scheme to defraud the United States by stashing millions of dollars in offshore shell-companies and bank accounts.

Three of the four people have already been arrested, prosecutors said, in the first criminal case brought by USA authorities in connection with Mossack Fonseca & Co, the Panamanian law firm at the center of the leak.

Brauer, 54, was arrested in Paris last month and Gaffey, 74, was arrested in MA on Tuesday.

Von Der Goltz, an 81-year-old German citizen, was arrested in London on Monday, according to prosecutors, who thanked British authorities for their assistance in the case.

Owens is a Panamanian attorney who worked for Mossack Fonseca. Reports from earlier this year indicate Mossack Fonesca announced it would close in March 2018.

Wire fraud can carry a jail term of 20 years.

The information was obtained by German newspaper Sueddeutsche Zeitung, which shared it with the International Consortium of Investigative Journalists.

Kevin Durant offers rare hint on future: It's 'toxic' around LeBron James
Ariza said. "I can see why they would want to play elsewhere". "I'm past the personal stage", James said. "He's very unselfish. After all, James is one of the players that advocated - and possibly even planned - for Chandler to join the Lakers .

Federal prosecutors in NY charged an account manager linked to Mossack Fonseca, a lawyer, a client and his accountant of tax fraud, money laundering and other offenses, stemming from their use of offshore accounts to shuffle and hide millions of dollars.

Among those charged was Ramses Owens, a partner at the now-defunct firm who the USA said helped create, market and service shell companies for the firm's wealthy clients.

One former client, now dead, helped authorities in their investigation by recording calls with Owens and introducing him to an undercover agent, the indictment reveals.

Gaffey is accused of assisting Von Der Goltz's scheme and advising another American taxpayer, who is identified in Tuesday's filings only as "Client 1".

U.S. Attorney Geoffrey Berman said the defendants "shuffled millions of dollars through off-shore accounts" and had "a playbook to repatriate un-taxed money into the U.S. banking system".

Gaffey and Owens are accused of falsely claiming that Von Der Goltz's elderly mother was the sole beneficiary of the accounts because she lived in Guatemala and therefore was not a US taxpayer. They also allegedly told their American clients how to recover their funds without revealing the existence of the accounts, including by using debit cards and "fictitious sales".

A review of the documents also prompted German authorities to raid the offices of Deutsche Bank AG and its board members as part of a money laundering investigation last week.

Recommended News

  • The US Open Final: Who Will Make it?

    The 34-year-old Swiss won the first two sets 6-4 and 7-5, forcing an injured and struggling Djokovic to retire in the third. If she’s at her best, then she’ll make it to the final and if she performs on the day the title will be hers.

    Why Is PrepAway Considered to Be the Best Platform for Exam Dumps?

    However, it’s not easy to tell which one of those sources offers authentic exam dumps that will help you pass your test. All you need to do is to identify the best site for exam dumps, and you will pass your certification test with flying colors.
    Yankees whiff again as Red Sox land playoff hero Nathan Eovaldi

    Yankees whiff again as Red Sox land playoff hero Nathan Eovaldi

    In 21 regular season starts between the Rays and Red Sox, he went 6-7 with an ERA of 3.81 and a WHIP of 1.12. He recorded two holds - one in the clinching Game 5 of the ALCS, the other in Game 4 of the World Series.
  • 3 World Series Contenders Nobody is Talking About

    Despite being loaded on offense, the Cardinals have been inefficient in 2019 and rank near the bottom-10 in runs and home runs. Louis has title-winning pedigree and are loaded offensively, but thus far simply haven’t delivered consistent results.
    Is Trump's 'Task Force' Targeting USPS Relationship With Amazon?

    Is Trump's 'Task Force' Targeting USPS Relationship With Amazon?

    Amazon , FedEx Corp and United Parcel Service Inc did not return requests for comment. The report didn't say how much the Postal Service should increase its prices.
    Red kettle donations drop significantly in Roanoke Valley

    Red kettle donations drop significantly in Roanoke Valley

    Surveillance showed the suspect leaving with the kettle and pocketing some of the money while he was ringing the bell. They have 42 kettle sites, but they only have enough volunteers for about 20 of them.
  • Evers to appeal to Walker to veto GOP power play

    Evers to appeal to Walker to veto GOP power play

    Rick Snyder has not taken a position on the measure or others that could win final legislative approval as soon as next week. Wisconsin's incoming Democratic governor is condemning moves by Republicans legislators to weaken his power.
    Marouane Fellaini set to escape ban as Matteo Guendouzi trolls Belgian

    Marouane Fellaini set to escape ban as Matteo Guendouzi trolls Belgian

    Then Leicester City defender Robert Huth was suspended for three games when he pulled Fellaini's hair back in 2016. In the second-half, the Belgium midfielder entered the fray and immediately made himself known to the opposition.
    Flags at half-staff for former President

    Flags at half-staff for former President

    The elder Bush's final words before he died that night, according to NYT reporter Peter Baker, were "I love you, too", to his son. From there, a funeral train transports Bush to Texas A&M University in College Station, Texas, the site of the George H.W.
  • Bush’s service dog again pays tribute to his late owner

    Bush’s service dog again pays tribute to his late owner

    He praised Bush as a "truly handsome human being" who had the "courage of a warrior but the greater courage of a peacemaker". Country music icon Reba McEntire performed " The Lord's Prayer " while The Oak Ridge Boys performed " Amazing Grace ".
    Microsoft Edge Is Going Chrome, And Coming To MacOS

    Microsoft Edge Is Going Chrome, And Coming To MacOS

    Codenamed 'Anaheim, ' this new browser for Windows 10 will replace Edge as the default browser on the platform. Google is the most prominent user of the Chromium open source code, which is the base of the Chrome browser.
    'Lionel Messi only has one skill!' - Pele rates himself above Barcelona star

    'Lionel Messi only has one skill!' - Pele rates himself above Barcelona star

    To compare with Pelé, it has to be someone who shoots well with the left, shoots well with the right, and scores headers. We talked and I told him: "'In football, God gave you a gift, but what you did is what made it hard '".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.