In 2015, journalist Bastian Obermayer from the Süddeutsche Zeitung, a Southern German Newspaper, was approached online by an anonymous source. He or she provided him with a database from Panamanian law firm Mossack Fonseca.
They are the Panama Papers. Named in the leak were 12 current or former world leaders, 128 other public officials and politicians, and hundreds of celebrities, businessmen and other wealthy individuals of over 200 countries. They made it clear how the world's elite hides their wealth from the people, avoids paying taxes, and launders their money.
Today we start a series about money laundering, offshore shell companies, and how they work.
