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Panama Papers firm says it was the victim of a hack
That gigantic Panama Papers leak revealing the sometimes shady tax haven dealings of the wealthy? If you ask the law firm the data came from, it's no leak at all... it's the fallout from an attack. Mossack Fonseca co-founder Ramon Fonseca tells Reuters that this "is a hack," not the action of of a rogue insider. His company even has a theory behind the hack that it's investigating, but he won't say what that is -- he'll only say that the firm has filed a complaint, and that there's a "government institution" looking into it.
Huge data leak reveals the hidden wealth of the rich and famous
In one of the biggest data leaks ever (even larger than the NSA wires leak in 2013), Panama-based legal firm Mossack Fonseca has seen 2.6 terabytes of its private data leaked to journalists. Shared with German newspaper Suddeutsche Zeitung, it was then spread to a wider network of journalists globally -- 370 reporters from 100 media organizations have looked into the leak for a year. The research has already unearthed that 12 national leaders, including monarchs, presidents and prime ministers, have been using offshore tax havens, including a $2 billion paper trail that leads to Russia's Vladimir Putin. Meanwhile, FIFA's attempts to clean itself up faces fresh criticism after the leak appears to connect executives being investigated to members of the ethics committee itself.
