- Reaction score
- 1,679
An obscure law firm in Central America is at the centre of the world's largest data leak.
The massive security breach shows how a global industry of law firms and big banks sells financial secrecy to politicians, fraudsters and drug traffickers as well as billionaires, celebrities and sports stars.
The exposé of Panama-based Mossack Fonseca has been made possible by an unprecedented leak of more than 11 million documents to German investigative newspaper Süddeutsche Zeitung.
The leak came from an anonymous source and was then shared with the International Consortium of Investigative Journalists (ICIJ) which organised an investigation by news organisations around the world.
The cache of documents includes emails, banking details and client records dating back 40 years and reveals the inner workings of a law firm famed for its secrecy.
Read more here. (ABC)
The massive security breach shows how a global industry of law firms and big banks sells financial secrecy to politicians, fraudsters and drug traffickers as well as billionaires, celebrities and sports stars.
The exposé of Panama-based Mossack Fonseca has been made possible by an unprecedented leak of more than 11 million documents to German investigative newspaper Süddeutsche Zeitung.
The leak came from an anonymous source and was then shared with the International Consortium of Investigative Journalists (ICIJ) which organised an investigation by news organisations around the world.
The cache of documents includes emails, banking details and client records dating back 40 years and reveals the inner workings of a law firm famed for its secrecy.
Read more here. (ABC)
