reporter: are these off shore accounts legal that you analyzed? yeah. i mean, it depends. so these companies that offer shell companies and so forth, they reside in jurisdictions where they are abiding by the laws of say the british virgin islands or cypress or other places around the world. you re right to point out that there s not anything necessarily illegal about that, but it does create a lot of problems. it leads to tax evasion. these off shore systems are often exploited by criminals to hide ill-gotten gains, corrupt politicians and just as you put it at the top of the show, i mean, just the very, very w wealthy in moving money and hiding money in ways that the rest of us simply can t or don t tend to do. according to the washington post, quote, off shore financial firms that responded to the
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