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Panama Papers revenue recovery reaches $1.36 billion as investigations continue


Panama Papers revenue recovery reaches $1.36 billion as investigations continue
Five years after the Panama Papers were first published, authorities are still clawing back lost tax dollars and prosecuting wrongdoers exposed by the global investigation.
April 6, 2021
Governments around the world have now recouped more than $1.36 billion in back taxes and penalties as a direct result of the Panama Papers, including $185 million in newly-reported recoveries over the past two years.
Five years after the International Consortium of Investigative Journalists led a worldwide investigation exposing the secrets of the offshore finance industry, 24 countries have reported official recoveries, with hundreds more proceedings still ongoing. ....

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Secret guilty plea revealed in U.S. Panama Papers criminal probe


Secret guilty plea revealed in US Panama Papers criminal probe
Joachim Alexander von der Goltz repaid the U.S. government more than $230,000 after admitting to financial crimes revealed by the ICIJ investigation.
March 5, 2021
A third person has pleaded guilty to financial crimes as part of a probe sparked by the Panama Papers investigation, newly released court documents show.
The unexpected guilty plea by Joachim Alexander von der Goltz was revealed by a federal court order in the Southern District of New York on Thursday.
Von der Goltz is the son of Harald Joachim von der Goltz, the 83-year old former U.S. resident who pleaded guilty to tax evasion and fraud in 2020 and was sentenced to four years in prison. ....

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