Mass. man among four charged in tax scheme
NEW YORK — Federal authorities revealed a raft of conspiracy and tax fraud charges Tuesday against four men, including a Massachusetts accountant, in the first US prosecution related to the so-called Panama Papers.
The 11-count indictment unsealed in Manhattan stems from what prosecutors described as an "intercontinental money laundering scheme" involving a global law firm based in Panama. Two Germans, one American, and a Panamanian attorney were charged with conspiracy and other counts.
The Panama Papers include a collection of 11 million secret financial documents that illustrated how some of the world's richest people hide their money. The records were first leaked to the Suddeutsche Zeitung, a major German newspaper, and were shared with the International Consortium of Investigative Journalists, which published collaborative reports with news organizations i...