@TheJusticeDept revealed the first criminal charges in their #PanamaPapers investigation. But they didn't name 4 of the 5 American clients they allege played crucial roles in offshore schemes.
We revisited the documents and identified them: bit.ly/2SxoYGB
We revisited the documents and identified them: bit.ly/2SxoYGB
“Client 1”: Marianna Olszewski.
The DOJ describes them as a U.S. citizen who resides in Manhattan and lived in London around 2001, matching our records of interactions with Olszewski. #PanamaPapers
The DOJ describes them as a U.S. citizen who resides in Manhattan and lived in London around 2001, matching our records of interactions with Olszewski. #PanamaPapers
“Client 1” falsely sent $3 million to the U.S. by claiming “the money was the result of the sale of a company, even though, in truth, it was not,” the DOJ stated. #PanamaPapers
“Client 2”: Harald Joachim Von der Goltz.
He was “without a doubt the biggest” U.S. client, according to a Mossack Fonseca email.
The only U.S. resident client named in the indictment, emails show that the firm listed Von der Goltz as a Guatemala resident. #PanamaPapers
He was “without a doubt the biggest” U.S. client, according to a Mossack Fonseca email.
The only U.S. resident client named in the indictment, emails show that the firm listed Von der Goltz as a Guatemala resident. #PanamaPapers
Von der Goltz pretended his now 102-year old mother, who lives in Guatemala, owned companies that he controlled, the DOJ alleges. bit.ly/2SxoYGB #PanamaPapers
“Client 3”: William Ponsoldt.
Given the codename “father” by Mossack Fonseca, Ponsoldt was a breeder of Arabian horses and a real estate mogul.
The firm managed about $8 million in assets for Ponsoldt, who didn’t declare his wealth to the IRS from 2004 to 2016, the DOJ claims.
Given the codename “father” by Mossack Fonseca, Ponsoldt was a breeder of Arabian horses and a real estate mogul.
The firm managed about $8 million in assets for Ponsoldt, who didn’t declare his wealth to the IRS from 2004 to 2016, the DOJ claims.
Ponsoldt started cooperating with law enforcement in early 2017 and after reporting by ICIJ partner @nytimes.
In July of that year, Ponsoldt worked with an undercover U.S. government agent who posed as a U.S. financial adviser. bit.ly/2SxoYGB #PanamaPapers
In July of that year, Ponsoldt worked with an undercover U.S. government agent who posed as a U.S. financial adviser. bit.ly/2SxoYGB #PanamaPapers
“Client 4”: Christopher Ponsoldt.
The DOJ describes “Client 4” as the son of “Client 3.” Mossack Fonseca codenamed him “son.”
The younger Ponsoldt transferred $1.6 million to the law firm, sometimes in amounts below $10,000 “to avoid leaving [a] track.”
The DOJ describes “Client 4” as the son of “Client 3.” Mossack Fonseca codenamed him “son.”
The younger Ponsoldt transferred $1.6 million to the law firm, sometimes in amounts below $10,000 “to avoid leaving [a] track.”
Mossack Fonseca employee Ramses Owens, who was charged a string of offenses by the DOJ, said that Ponsoldt's children could, upon their father’s death, receive tax-free money “disguised” as income or “business expenses,” the DOJ alleged. bit.ly/2SxoYGB #PanamaPapers
"Client 5": Jurgen Wolff
Client 5 was described as a “U.S. citizen who currently lives in London, the United Kingdom” who made a living writing books and scripts.
This matches the Panama Papers and Wolff’s website, which lists him as an author and playwright. #PanamaPapers
Client 5 was described as a “U.S. citizen who currently lives in London, the United Kingdom” who made a living writing books and scripts.
This matches the Panama Papers and Wolff’s website, which lists him as an author and playwright. #PanamaPapers
According to the DOJ, Mossack Fonseca employees knew Wolff was a U.S. citizen and assured him they would keep his money “outside of the U.S. tax system.” bit.ly/2SxoYGB
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