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Tue Apr 5, 2016, 02:42 PM

McClatchy releases some U.S. names from Panama Papers


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

37 replies, 5431 views

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Arrow 37 replies Author Time Post
Reply McClatchy releases some U.S. names from Panama Papers (Original post)
suffragette Apr 2016 OP
underpants Apr 2016 #1
suffragette Apr 2016 #4
Blue_Tires Apr 2016 #21
hedda_foil Apr 2016 #32
Lochloosa Apr 2016 #2
Bernardo de La Paz Apr 2016 #7
iandhr Apr 2016 #19
greiner3 Apr 2016 #26
suffragette Apr 2016 #36
bobthedrummer Apr 2016 #3
suffragette Apr 2016 #12
Rex Apr 2016 #31
silvershadow Apr 2016 #5
suffragette Apr 2016 #10
silvershadow Apr 2016 #11
nikto Apr 2016 #24
WhiteTara Apr 2016 #27
jalan48 Apr 2016 #6
suffragette Apr 2016 #16
jalan48 Apr 2016 #20
LiberalLovinLug Apr 2016 #8
AtheistCrusader Apr 2016 #13
nikto Apr 2016 #25
Egnever Apr 2016 #35
ronnie624 Apr 2016 #37
lastone Apr 2016 #9
DetlefK Apr 2016 #22
DetlefK Apr 2016 #23
nadinbrzezinski Apr 2016 #28
itsrobert Apr 2016 #14
Lochloosa Apr 2016 #17
suffragette Apr 2016 #18
sofa king Apr 2016 #29
Solly Mack Apr 2016 #15
suffragette Apr 2016 #30
Solly Mack Apr 2016 #33
bobthedrummer Apr 2016 #34

Response to suffragette (Original post)

Tue Apr 5, 2016, 02:55 PM

1. McClatchy once again stands out in the crowd

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Response to underpants (Reply #1)

Tue Apr 5, 2016, 03:19 PM

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).

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Response to underpants (Reply #1)

Tue Apr 5, 2016, 05:01 PM

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

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Response to underpants (Reply #1)

Tue Apr 5, 2016, 11:47 PM

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.

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Response to suffragette (Original post)

Tue Apr 5, 2016, 02:58 PM

2. Mitt?

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Response to Lochloosa (Reply #2)

Tue Apr 5, 2016, 03:26 PM

7. Trump?

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Response to Lochloosa (Reply #2)

Tue Apr 5, 2016, 04:43 PM

19. He prefers Switzerland and the Caymans...

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

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Response to Lochloosa (Reply #2)

Tue Apr 5, 2016, 05:38 PM

26. Hillary?

 

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Response to Lochloosa (Reply #2)

Thu Apr 7, 2016, 01:18 PM

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.

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Response to suffragette (Original post)

Tue Apr 5, 2016, 03:07 PM

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?

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Response to bobthedrummer (Reply #3)

Tue Apr 5, 2016, 03:40 PM

12. Agree. No coincidence there.

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Response to bobthedrummer (Reply #3)

Tue Apr 5, 2016, 07:08 PM

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?

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Response to suffragette (Original post)

Tue Apr 5, 2016, 03:22 PM

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

 

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Response to silvershadow (Reply #5)

Tue Apr 5, 2016, 03:36 PM

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.

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Response to suffragette (Reply #10)

Tue Apr 5, 2016, 03:38 PM

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

 

dead of natural causes.

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Response to silvershadow (Reply #5)

Tue Apr 5, 2016, 05:35 PM

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

 

NO Americans were named whatsoever.

Only foreigners.
What BS.

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Response to nikto (Reply #24)

Tue Apr 5, 2016, 05:54 PM

27. I guess they left out

"so far"

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Response to suffragette (Original post)

Tue Apr 5, 2016, 03:24 PM

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

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Response to jalan48 (Reply #6)

Tue Apr 5, 2016, 04:30 PM

16. Can't wait to see what Tom Tomorrow

Does with this.

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Response to suffragette (Reply #16)

Tue Apr 5, 2016, 04:45 PM

20. Yes, I agree about Tom Tomorrow.

I wish the television media had more like him.

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Response to suffragette (Original post)

Tue Apr 5, 2016, 03:28 PM

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.

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Response to LiberalLovinLug (Reply #8)

Tue Apr 5, 2016, 03:55 PM

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.

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Response to LiberalLovinLug (Reply #8)

Tue Apr 5, 2016, 05:37 PM

25. Some of "our own" are turning KONservative

 

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Response to LiberalLovinLug (Reply #8)

Thu Apr 7, 2016, 12:54 PM

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

 

Right?

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Response to Egnever (Reply #35)

Thu Apr 7, 2016, 01:32 PM

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

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Response to suffragette (Original post)

Tue Apr 5, 2016, 03:29 PM

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.

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Response to lastone (Reply #9)

Tue Apr 5, 2016, 05:16 PM

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.

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Response to lastone (Reply #9)

Tue Apr 5, 2016, 05:19 PM

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

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Response to lastone (Reply #9)

Tue Apr 5, 2016, 05:57 PM

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.

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Response to suffragette (Original post)

Tue Apr 5, 2016, 04:05 PM

14. Didnt the Bushes buy land in South America?

Wonder if there is a connection.

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Response to itsrobert (Reply #14)

Tue Apr 5, 2016, 04:35 PM

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.

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Response to itsrobert (Reply #14)

Tue Apr 5, 2016, 06:13 PM

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.

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Response to suffragette (Original post)

Tue Apr 5, 2016, 04:13 PM

15. K&R

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Response to Solly Mack (Reply #15)

Tue Apr 5, 2016, 07:02 PM

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.

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Response to suffragette (Reply #30)

Wed Apr 6, 2016, 12:07 AM

33. Haven't seen that yet, thanks!

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Response to suffragette (Original post)

Thu Apr 7, 2016, 12:49 PM

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

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