$2.00T Involved

Panama Papers Leak

🌍 Global tax evasion Case Closed
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Date Discovered

April 3, 2016

Organization

Mossack Fonseca

Perpetrators

Various politicians, celebrities, business leaders

Legal Outcome

Multiple investigations worldwide, Iceland PM resigned, tax recoveries over $1.2 billion.

Economic Impact

Estimated $2 trillion hidden offshore, increased tax transparency pressure globally.

Regulatory Changes

Beneficial ownership registries, OECD Common Reporting Standard adoption, enhanced AML rules.