Paradise Papers

The Paradise Papers are a set of over 13.4 million confidential electronic documents relating to offshore investments that were leaked to the German reporters Frederik Obermaier and Bastian Obermayer,[1][2] from the newspaper Süddeutsche Zeitung.[3] The newspaper shared them with the International Consortium of Investigative Journalists,[4] and a network of more than 380 journalists. Some of the details were made public on 5 November 2017 and stories are still being released... The documents originate from the legal firm Appleby, the corporate services providers Estera and Asiaciti Trust, and business registries in 19 tax jurisdictions.[5] They contain the names of more than 120,000 people and companies.[6] Among those whose financial affairs are mentioned are, separately, AIG,[7] then-Prince Charles[8] and Queen Elizabeth II,[9] President of Colombia Juan Manuel Santos, and U.S. Secretary of Commerce Wilbur Ross... Appleby said that some of its data had been stolen in a cyberattack in the previous year... According to the papers, Allergan (the manufacturer of Botox), Allianz, Apple Inc., Facebook, Global Vantedge, McDonald's, Nike, Inc., Siemens, The Walt Disney Company, Twitter, Uber, Walmart, and Yahoo! are among the corporations that own offshore companies.[20][21] According to The Express Tribune, "Apple, Nike, and Facebook avoided billions of dollars in tax using offshore companies"... Bono... https://en.wikipedia.org/wiki/Paradise_Papers

According to the papers, then-United States Secretary of Commerce Wilbur Ross holds stakes in businesses which deal with Russian oligarchs Leonid Mikhelson and Gennady Timchenko, who are subject to U.S. sanctions,[10] as well as Russian president Vladimir Putin's former son-in-law, Kirill Shamalov.[125] When reporters working on the Paradise Papers contacted Ross concerning his stake in Navigator Holdings, he did not deny the tie, but the day before his response became public he shorted the stock and apparently made a profit after the stock price dropped 4% after the story appeared.[126] Other members of the Trump administration that appear in the documents include former United States Secretary of State Rex Tillerson and former director of the National Economic Council Gary D. Cohn.[4][125][127] Offshore ties of more than a dozen Trump advisers, Cabinet members and major donors appear in the leaked data.... casino magnate Sheldon Adelson; resort owner Steve Wynn; hedge fund managers Robert Mercer and Paul Singer; and private equity investors Tom Barrack, Stephen Schwarzman, and Carl Icahn.

American singer Madonna, Microsoft co-founder Paul Allen, American billionaire George Soros, founder of Open Society Foundations,[132] and former NATO supreme commander in Europe General Wesley Clark are also named in the papers.

Prominent Democratic donors also appear in the law firm's files. Questions have arisen about Democratic Party donor Penny Pritzker's compliance with federal ethics rules. She had pledged to divest from more than 200 firms when she was confirmed as President Barack Obama's commerce secretary in 2013, but records show that she transferred assets to a company owned by her children's trusts, which shared the same address as her office.