An indictment filed in the Southern District of New York names a Mossack Fonseca attorney and a financial advisor, for cresting sham foundations and shell corporations for Mossack clients in New York and repatriating their untaxed wealth back into the United States. The investigation arose out of the documents exposed in the "Panama Papers.
(1) Ramses Owens Saad, an attorney with Mossack Fonseca.
(2) Dirk Brauer, a financial advisor at Mossack subsidiary Mossfon Asset Management, SA.
(3) Richard Gaffey, a partner in a US-based accounting firm.
(4) Harald Joachim Von Der Goltz, a Mossack Fonseca client.
(A) Money Laundering Conspiracy.
(B) Wire Fraud.
(C) Conspiracy to commit Tax Evasion.
(D) Conspiracy to Defraud the United States.
(E) Conspiracy to Commit Wire Fraud.
(F) Willful Failure to file FBAR.
Readers who wish to review the 567-page Indictment may access the complete text here. The style of the case is United States vs. Ramses Owens, et al Case No.: 18-Crim-0693 (SDNY).
Chronicles of Monte Friesner - Financial Crime Analyst
Contributed by Kenneth Rijock - Financial Crime Consultant