I wonder if Mitt is sleeping well tonight.
WATCH VIDEO REPORT:
http://www.addictinginfo.org/2013/04/05/breaking-the-1-caught-hiding-trillions-in-tax-havens-100000-names-leaked-video/
The financial information for more than 100,000 wealthy people around the world was leaked via an anonymously submitted hard drive, and CBC News in Canada is breaking the information exclusively (and refusing to release all of the associated names). The data contains information ranging from tax evasion to Russian scam artists that caused a diplomatic problem between the U.S. and Russia when they stole $230 million from Russia’s treasury. Estimates of the total amount of money hidden range from $8 trillion to $32 trillion, with billions every year escaping government taxation worldwide.
It’ll be interesting to see what comes out as journalists continue sifting through the documents and publishing information. CBC News reports with their exclusive:
In what is believed to be
one of the largest ever leaks of financial data, the Washington, D.C.-based International Consortium of Investigative Journalists has
received nearly 30 years of data entries, emails and other confidential details from 10 offshore havens around the world. CBC News has partnered with the ICIJ over the last seven months to gain exclusive Canadian access to the information. Thirty-seven media outlets in 35 other countries are also involved.
http://www.cbc.ca/news/world/story/2013/04/03/offshore-data-leak.html?autoplay=true
They go on to report comments by an associated researcher:
“What we found as we started digging in the records is a pretty extensive collection of dodgy characters: Wall Street fraudsters, Ponzi schemers, figures connected to organized crime, to arms dealing, money launderers,” said Michael Hudson, a senior editor at the ICIJ, who worked with a team for months to sort through the information.
“We just found a lot of folks involved in questionable or outright illegal activities.”
CBC News has also released specific stories based on data obtained, such as one Canadian senator and her husband, a famous class action lawyer, hiding money offshore while being investigated by the Canadian Revenue Agency.
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