Thursday, October 7, 2021

What the Pandora Papers Reveal About Offshore Wealth

Sergio Zambrano.  


This article talks about the biggest leak of information in history. The leak of 11.9 millions of documents. The documents have information about head of states, celebrities, and billionaires who use offshores companies to hide their wealth and evade taxes. The article talks about how there is an estimated of $5 trillions to $35 trillions that it is kept offshore. Russia, Persian Golf nations, and Latin America are top on the list of countries in which their citizens' money stashed overseas. 

https://www.bloomberg.com/news/articles/2021-10-06/what-the-pandora-papers-reveal-about-offshore-wealth-quicktake

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