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Panama Papers - 2.6TB leak on offshore tax havens

panamapapers.sueddeutsche.de

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Re: Panama Papers - 2.6TB leak on offshore tax havens

#11

Post by ikeboy »

http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3...

>Generally speaking, owning an offshore company is not illegal in itself. In fact, establishing an offshore company can be seen as a logical step for a broad range of business transactions. However, a look through the Panama Papers very quickly reveals that concealing the identities of the true company owners was the primary aim in the vast majority of cases.

This makes it sound like owning an offshore company solely to conceal your identity is illegal. Is that true?

Re: Panama Papers - 2.6TB leak on offshore tax havens

#12

Post by mikeyouse »

sshykes wrote: post #8

Is there a torrent available for us to download the documents?

There are banking details, passports, drivers license info for thousands of people.. It'd be hugely irresponsible to publish all of that in a Torrent.. Redacted docs are accompanying all of the news reports.

Re: Panama Papers - 2.6TB leak on offshore tax havens

#13

Post by chadzawistowski »

tomlock wrote: post #9

Is it just me or is this expose surprisingly low on American citizens? Is this one of the times when conspiracy theory could be conspiracy fact? It feels like this is an extremely selective release.

I think it is selective. They say they will reveal more in May.

Re: Panama Papers - 2.6TB leak on offshore tax havens

#14

Post by sshykes »

mikeyouse wrote: post #12
sshykes wrote: post #8

Is there a torrent available for us to download the documents?

There are banking details, passports, drivers license info for thousands of people.. It'd be hugely irresponsible to publish all of that in a Torrent.. Redacted docs are accompanying all of the news reports.

- Passports: Not Secret.

- Drivers Licenses: Also Not Secret.

- Banking details of the people who have been ripping off the rest of the world...sorry if I fail to see the downside of dumping all of it :)

EDIT:

At the same time, I understand where you're coming from so thanks for the info mikeyouse!

Re: Panama Papers - 2.6TB leak on offshore tax havens

#15

Post by chvid »

I wonder who did the leak? I wonder if the law firm knows who did it and where he is now?

My guess is some sys admin presumely at some central office (as this spans the whole company); I mean 2.6TB data - not so easy for an average lawyer to download to his laptop.

Re: Panama Papers - 2.6TB leak on offshore tax havens

#16

Post by qaq »

ikeboy wrote: post #11

http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3... >Generally speaking, owning an offshore company is not illegal in itself. In fact, establishing an offshore company can be seen as a logical step for a broad range of business transactions. However, a look through the Panama Papers very quickly reveals that concealing the identities of the true company owners was the primary aim in the vast majority of c…

It highly depends on your country of tax residence and citizenship.

Re: Panama Papers - 2.6TB leak on offshore tax havens

#17

Post by mikeyouse »

sshykes wrote: post #14
mikeyouse wrote: post #12

Earlier quoted context omitted.

There are banking details, passports, drivers license info for thousands of people.. It'd be hugely irresponsible to publish all of that in a Torrent.. Redacted docs are accompanying all of the news reports.

- Passports: Not Secret. - Drivers Licenses: Also Not Secret. - Banking details of the people who have been ripping off the rest of the world...sorry if I fail to see the downside of dumping all of it :) EDIT: At the same time, I understand where you're coming from so thanks for the info mikeyouse!

Some of whom had been ripping off the world, many of whom who are completely innocent.. Also, it'd be incredibly easy to steal identities of just about anyone in the data dump if you had the level of detail the documents have.

Re: Panama Papers - 2.6TB leak on offshore tax havens

#18

Post by sdenton4 »

ikeboy wrote: post #11

http://panamapapers.sueddeutsche.de/articles/56febff0a1bb8d3... >Generally speaking, owning an offshore company is not illegal in itself. In fact, establishing an offshore company can be seen as a logical step for a broad range of business transactions. However, a look through the Panama Papers very quickly reveals that concealing the identities of the true company owners was the primary aim in the vast majority of c…

Even if concealing your identity isn't illegal, you may be concealing it because you're involved in something shady. Like tax evasion.

Re: Panama Papers - 2.6TB leak on offshore tax havens

#19

Post by NamTaf »

sshykes wrote: post #14
mikeyouse wrote: post #12

Earlier quoted context omitted.

There are banking details, passports, drivers license info for thousands of people.. It'd be hugely irresponsible to publish all of that in a Torrent.. Redacted docs are accompanying all of the news reports.

- Passports: Not Secret. - Drivers Licenses: Also Not Secret. - Banking details of the people who have been ripping off the rest of the world...sorry if I fail to see the downside of dumping all of it :) EDIT: At the same time, I understand where you're coming from so thanks for the info mikeyouse!

How are documents that can directly lead to the identity theft of people not a privacy issue?
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