McClatchy releases some U.S. names from Panama Papers

[suffragette]

The passports of at least 200 Americans show up in this week’s massive leak of secret data on secretive offshore shell companies.

~~~

Mossack Fonseca is a leading global player in the incorporation of offshore companies across the globe. It was the subject of the largest-ever financial breach, and 11.5 million of its documents are the subject of a collaborative analysis by McClatchy and about 350 journalists under the umbrella of the International Consortium of Investigative Journalists. McClatchy was the only U.S. newspaper company involved.

~~~

Determining a precise number of Americans in the data is difficult. There are at least 200 scanned individual U.S. passports. Some appear to be American retirees purchasing real estate in places like Costa Rica and Panama. Also in the database, about 3,500 shareholders of offshore companies who list U.S. addresses. And almost 3,100 companies are tied to offshore professionals based in Miami, New York, and other parts of the United States.

Further complicating matters, some U.S. citizens enjoy dual citizenship and open accounts under foreign passports. Others appeared to be American retirees purchasing real estate in places like Costa Rica and Panama.

Among the cases McClatchy and its partners found:

Read more here: http://www.mcclatchydc.com/news/nation-world/national/article69943337.html#storylink=cpy

[underpants]

1. McClatchy once again stands out in the crowd

[suffragette]

4. Yes. I wonder if they released to other media than newspapers?

If newspapers only, then McClatchy is the ONLY ONE with the data available first hand in U.S., at least how I'm reading this.

If other media, I wonder which one(s).

[Blue_Tires]

21. They haven't always, but good on them right now...

[hedda_foil]

32. Exactly right. As soon as the story broke, I thought that McClatchy would be 1st in U.S.

Their investigative journalism is hands down the best in this country. And they don't tippy toe around the facts.

[Lochloosa]

2. Mitt?

[Bernardo de La Paz]

7. Trump?

[iandhr]

19. He prefers Switzerland and the Caymans...

... for his offshore tax havens. Still sleazy activity but his Louisiana activity occurs in another geographic location.

[greiner3]

26. Hillary?

[suffragette]

36. Slusser, fundraiser for Mitt named, calls it a "private matter"

http://www.seattletimes.com/nation-world/offshore-havens-tied-to-some-in-us/


Investment banker Jerry Slusser, a fundraiser for former Republican presidential candidate Mitt Romney, initially said he didn’t recall setting up an offshore company. But when given details of his offshore from the leak of Mossack Fonseca documents, he remembered opening it in the British Virgin Islands. He then called his accountant.

“There’s nothing nefarious about it,” he said hours later. “This was for an investment in a manufacturing company in Hong Kong. I am very comfortable we have filed everything we need to file.”

He declined to provide details about his compliance with U.S. tax laws on what he described as a money-losing investment. He said it was a “private matter” before hanging up.

[bobthedrummer]

3. Mossack Fonseca, at the Heart of 'Panama Papers' Leak, Owned by Nazi's Son

"Erhard Mossack, father of one of Mossack Fonseca founders, served as combat soldier in Waffen SS during World War II"
http://www.timesofisrael.com/law-firm-at-heart-of-panama-papers-leak-owned-by-nazis-son

There are no coincidences in deep politics, are there?

[suffragette]

12. Agree. No coincidence there.

[Rex]

31. None. And thanks to the WWW, anyone can find out now.

I wonder why this is not the lead story in every newspaper in America?

[silvershadow]

5. But, but...I was just informed in another thread that NO Americans were entangled.

[suffragette]

10. Given the global nature of wealth acquisition and movement,

I'm certain that many Americans are entangled in this.

It's naive, if not misdirection, to think otherwise.

How many will be actually named directly and how many more are connected through a six degrees of separation is the real question.

Just as shell companies can hide origins, the more devious evaders likely have layers of buffer set up to hide their actions.

Going through this info will probably be like peeling onion layers to find those connections.

[silvershadow]

11. And it will take years. By the time we know all that we should, a fair percentage will be

dead of natural causes.

[nikto]

24. I noticed today in the LA Times writeup on the issue ...

NO Americans were named whatsoever.

Only foreigners.
What BS.

[WhiteTara]

27. I guess they left out

"so far"

[jalan48]

6. Is this part of the invisible hand of the free market system?

[suffragette]

16. Can't wait to see what Tom Tomorrow

Does with this.

[jalan48]

20. Yes, I agree about Tom Tomorrow.

I wish the television media had more like him.

[LiberalLovinLug]

8. So where are the DU anti-whistleblower crowd?

So far, the one(s) who released the Panama Papers remain anonymous.

I guess that small curious authoritarian segment is hiding in their basements for now until they know if either Wikileaks, Assange, or Snowden is involved. So they know whether to be outraged at the messenger or not.

[AtheistCrusader]

13. Or whether certain people are exposed by it.

I'll actually be pretty impressed if... a certain party *doesn't* show up in the names.

[nikto]

25. Some of "our own" are turning KONservative

[Egnever]

35. Because exposing tax cheats and national security are exactly the same thing

Right?

[ronnie624]

37. "National security", meaning embarrassing criminal conduct of the US government. n/t

[lastone]

9. The Panama Papers

Should start a worldwide revolt as the efforts to go after these MASSIVE CRIMINAL ENTERPRISES do not even come close to the various ways you and I get fucked every mother fucking day.

Here's one example. I sold a car when leaving Hawaii years ago (12 years ago) and while I filled out and submitted every fucking piece of paper to make it official somehow they messed up the guy who bought it got a ticket, which stuck to my license as the still TO THIS DAY registered owner, I still get collection calls and letters threatening me with fines and even jail time, this is for under $200.

Fuck the RICH we should be putting heads on pikes on the gilded gates of power.

[DetlefK]

22. HAHAHAHA! That's cute.

China has outlawed any mention of the Panama Papers in the chinese media because multiple high-ranking politicians and their families, including their current President, are implicated. That's 1.2 billion who won't take part in your revolution.

Russia has preemptively denounced the Panama Papers as information-warfare against Russia and Putin. There won't be backlash in Russia either.

Hosni Mubarak? Al-Sisi can hardly punish his predecessor-in-tyranny. Egypt is out.

The Assad-clan? Will stay rulers of Syria because Iran and Russia need them as lackeys.





And the list goes on.

[DetlefK]

23. Why don't you report the car as stolen?

[nadinbrzezinski]

28. I feel for you

since we kept the truck ... they did not pursue it, and as I pointed out to the collection agency, how the hell could we pay the tag in both CA and HI? We sent a digital photo... that was it. Though I admit, I worried about that when we sold the car, which was at the time 15 years old and not wroth brining back to the mainland.

[itsrobert]

14. Didnt the Bushes buy land in South America?

Wonder if there is a connection.

[Lochloosa]

17. ...

http://www.democraticunderground.com/10022473474

[suffragette]

18. Their daughters were frequent visitors there

As well.

I wonder if there will be Bush connections to this as well. Though they could be using a different firm to do the same thing.

[sofa king]

29. Yes, and I don't know

Yes, the Bushes are attempting to control South America's water supply:

http://www.democraticunderground.com/10022473474

http://www.theguardian.com/world/2006/oct/23/mainsection.tomphillips

http://www.globalresearch.ca/the-new-water-barons-wall-street-mega-banks-are-buying-up-the-worlds-water/5383274

Is there a connection between that and this? I don't know. They have always been powerful enough to get away with it all, so I would be surprised if we found out.

[Solly Mack]

15. K&R

[suffragette]

30. Thanks. Have you seen this?

http://www.cbc.ca/news/world/panama-leak-offshore-records-putin-messi-money-1.3518951


Canadians exposed

Among the leaked records is info on the offshore assets of several hundred Canadians, including lawyers, mining and oil executives, business people and even known fraudsters. None of them are prominent personalities, however.



They haven't published specific info yet about the above. The "oil executives" part particularly caught my eye, especially since some companies, like Kinder Morgan, are cross border, with ownership in one country and projects in both U.S. and Canada. These people think and act globally, whether pushing projects or tucking their gains away. We'll definitely need to keep an eye out for such linkage.

[Solly Mack]

33. Haven't seen that yet, thanks!

[bobthedrummer]

34. Here's Erhard Mossack's (the Waffen SS father of one of the founders)post-war FBI dossier

which destroys the argument that his being a Nazi SS member has no significance in the analysis of the Panama Papers.

Erhard Mossack (FBI pdf)
https://cryptome.org/pp-mf/nyt/Erhard-Mossack-NationalArchives-icij-nyt-16-0406.pdf