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IPFS News Link • Central Banks/Banking

Why Are Americans Not Included in the Panama Papers?

•, by Jon Schuppe


The documents, related to a Panamanian law firm that specializes in creating shell companies for many of the world's richest people, provide a glimpse into how secret fortunes and ill-gotten gains are moved through a shady financial network, according to The International Consortium of Investigative Journalism, which worked with news organizations around the world to analyze the files.

The clients and connections included current and former world leaders, famous athletes and billionaires, but also notorious underworld operatives. The ICIJ says people in the United States were involved. But hardly any are among the bold-faced names made public. One exception is Chicago-based financial coach and author Marianna Olszewski — who, according to ICIJ member the BBC, allegedly used the firm, Mossack Fonseca, to hide her name as the owner of a secret offshore account.

1 Comments in Response to

Comment by PureTrust
Entered on:

The whole banking system is the shady financial system.

People who move funds using means and methods that bypass some of the banking system, are simply protection assets.

If we didn't have the corrupt banking system, bankers' funds would have remained with the people, there would be a whole lot more prosperity throughout the land, and the so-called shady tactics of people trying to protect property from the bankers would be unnecessary.

Part of the reason that Americans are left out of much of the Panama Papers stuff is, any American can do this whole thing, or nullify this whole thing for himself, any time he wants. This includes nullifying most of the American laws for himself, if he only knows the bottom-line, simplest of legal tactics. Panama Papers people know this, and, therefore, don't want Americans in the deal.

Anarchapulco 2023