General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThere is a perfectly reasonable explanation for why no one in the U.S. has been busted in Panamagate
Mossack Fonseca does not have an office here. There are a bunch in China, a few in Europe, and several in various tax havens scattered around the globe.
http://www.mossfon.com/contact-our-offices/
Jarqui
(10,130 posts)that might concern local media until they have better evidence
or
with the lack of offices in the US, the involvement may not be as direct - or buried deeper in the info.
They did find 3,000 US companies involved.
or
maybe it's because only one US publication, McClatchy, got a copy so far.
Could be a few reasons. It's too early to conclude much.
enlightenment
(8,830 posts)A "subsidiary" that is controlled by M-F.
http://www.reviewjournal.com/news/nation-and-world/documents-tie-offshore-holdings-law-firm-las-vegas-office
KamaAina
(78,249 posts)Wyoming has become a center for shady shell corporation activity in recent years.
http://www.mossfon.com/about_service/mf-group/
Wilms
(26,795 posts)The law firm tried to block the subpoena by denying that its Las Vegas operations, run by a company called M.F. Corporate Services (Nevada) Limited, were part of the Mossack Fonseca group.
The firms Panama-based co-founder, Jürgen Mossack, testified under oath that MF Nevada and Mossack Fonseca do not have a parent-subsidiary relationship nor does Mossack Fonseca control the internal affairs or daily operations of MF Nevada's business.
But secret records obtained by the International Consortium of Investigative Journalists (ICIJ), the German newspaper Süddeutsche Zeitung and more than 100 other media partners raise new doubts over that sworn testimony.
Not only do they show that the Nevada subsidiary was wholly owned by Mossack Fonseca but that, behind the scenes, the firm took steps to wipe potentially damaging records from phones and computers to keep details of their clients from the United States justice system.
https://www.publicintegrity.org/2016/04/03/19506/offshore-law-firm-runs-trouble-las-vegas
KamaAina
(78,249 posts)Maybe the FBI can crack their iPhones.
Vinca
(50,314 posts)underpants
(182,935 posts)Read that in a story earlier today.
moondust
(20,014 posts)I don't have their names but I've read/heard that some of them do business in the U.S.