Post by Logan on May 11, 2016 4:08:47 GMT -6
Nevada asked for records linked to Panama Papers shell companies
Shell companies registered in Nevada have attracted the attention of the U.S. Senate Committee on Finance.
The committee’s ranking member, U.S. Sen. Ron Wyden, D-Ore., is asking Nevada Secretary of State Barbara Cegavske for information about more than 1,000 business entities linked to Panamanian law firm Mossack Fonseca.
The law firm and offshore shell companies have come under scrutiny after global reports about their links to prominent international figures. That effort was spearheaded by the International Consortium of Investigative Journalists and was possible only after a source provided the law firm’s data to a reporter.
“I have become increasingly concerned about the use of anonymous shell companies as vehicles for terrorist financing, tax evasion, and fraud targeting major government programs within the Committee’s jurisdiction, such as Medicare,” Wyden wrote in a letter sent Tuesday to Cegavske.
Read more: www.reviewjournal.com/news/nevada/nevada-asked-records-linked-panama-papers-shell-companies
Shell companies registered in Nevada have attracted the attention of the U.S. Senate Committee on Finance.
The committee’s ranking member, U.S. Sen. Ron Wyden, D-Ore., is asking Nevada Secretary of State Barbara Cegavske for information about more than 1,000 business entities linked to Panamanian law firm Mossack Fonseca.
The law firm and offshore shell companies have come under scrutiny after global reports about their links to prominent international figures. That effort was spearheaded by the International Consortium of Investigative Journalists and was possible only after a source provided the law firm’s data to a reporter.
“I have become increasingly concerned about the use of anonymous shell companies as vehicles for terrorist financing, tax evasion, and fraud targeting major government programs within the Committee’s jurisdiction, such as Medicare,” Wyden wrote in a letter sent Tuesday to Cegavske.
Read more: www.reviewjournal.com/news/nevada/nevada-asked-records-linked-panama-papers-shell-companies