Skip to main content
EXPOSED

Leaks Reveal Secrets of World's Wealthy

New report shows abuse of offshore tax havens.

cheats/2013/04/04/leaks-reveal-dirty-secrets-of-world-s-wealthy/virgin-islands-tax-leaks-cheat_hvejut

Education Images/Universal Images

Millions of leaked emails and other documents have brought some of the darkest financial secrets of the world’s wealthiest people to light. The documents, which span the past 30 years, reveal the misuse of offshore tax havens such as the British Virgin Islands, Cyprus, Switzerland, and the Cook Islands by everyone from American doctors and Wall Street investors to Greek villagers and the families of notorious dictators and despots. According to the report, a good chunk of the money that was invested secretly across international borders included the proceeds of financial crimes such as Ponzi schemes.

Read it at The Guardian

TRENDING NOW