Clients of Mossack Fonseca: A U.S. Court Review

ByLlewellyn Hinkes-Jones, Bloomberg BNA

Senate Finance Committee ranking member Ron Wyden’s (D-Ore.) investigation into American shell companies with ties to the law firm Mossack Fonseca & Co. is just beginning, but already some of those companies have made their way into the U.S. court system.

The Panamanian law firm isn’t the target of the investigation or the defendant in any of the lawsuits, but to get a glimpse into how shell companies sometimes are used, Bloomberg BNA reviewed U.S. cases in which Mossack Fonseca-registered entities were accused of involvement in alleged large-scale corruption, racketeering, and tax fraud.

The ...