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Massive leak reveals money rings of global leaders

A massive, anonymous leak of financial documents from a Panamanian law firm has revealed an extensive worldwide network of offshore "shell" companies — including ones with ties to Russian President Vladimir Putin — that allow the wealthy to hide their assets from taxes and, in some cases, to launder billions in cash, a German newspaper alleges.

The documents, combed through in the past year by hundreds of journalists worldwide, show links to 72 current or former heads of state, including dictators accused of looting their own countries.

Greg Toppo, USATODAY

Full Story: http://www.usatoday.com/story/money/2016/04/03/german-paper-massive-financial-leak-reveals-offshort-accounts/82586798/

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