Real estate purchases disclosed in 'Panama Papers' data dump

  • 2.6 terabytes of documents, related to hundreds of thousands of offshore companies, were leaked from a small Panamanian law firm called Mossack Fonseca, which denies any wrongdoing.
  • The data from the law firm include links to politicians, celebrities, athletes and organizations that have been at the center of global scandals.
  • “I would say, first observation, it’s a lot more promising than even some of the other projects that we’ve done that have turned out to be very, very big,” said Gerard Ryle, a director at the International Consortium of Investigative Journalists.

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Yesterday, news broke about the biggest leak of private financial and legal documents ever — and evidence shows that a significant amount of money spent was routed through companies and trusts that purchased expensive homes, buildings, resorts and other real estate holdings. Dubbed the “Panama Papers,” 2.6 terabytes of documents, related to hundreds of thousands of offshore companies, were leaked from a small Panamanian law firm called Mossack Fonseca, which denies any wrongdoing.