A new report reveals how the Chinese government has used harassment, “persuasion” and kidnappings to bypass international law as part of the notorious Fox Hunt operation.
Cross-posted from: beehaw.org/post/12949945...
An investigation examining hundreds of leaked IRS forms offers a glimpse into the often-hidden challenges the U.S. tax agency faces in tackling the favorite new global investment vehicles of the ultrawealthy. That review and interviews with more than a dozen former tax officials show an agency struggling with not only a shortage...
The U.S. Internal Revenue Service is seeking to use an infusion of funding to keep up with the ever-evolving tax maneuvers of the ultra-rich — while staving off frequent political attacks....
In mid-2022, the Inflation Reduction Act delivered the IRS a historic $80 billion — in part, to bulk up the agency’s divisions that audit millionaires, billionaires and large corporations. After years of pitiful enforcement rates against wealthy taxpayers, the agency is embarking on an unprecedented push to step up its...
Cross-posted from: feddit.de/post/9137257...
The head of the Cyprus Bar Association has also reportedly promised to publicly punish any lawyers found to be breaking the rules, after an investigation exposed how some of the country’s law firms may have helped sanctioned Russians continue to do business. The association’s chairman Michael Vorkas said Cyprus’ legal...
A former U.S. sales representative of Medtronic alleges the company used kickbacks and pressure tactics to make sales, despite patient injuries.
The rollout of a landmark company ownership registry officially launched by the United States Treasury Department on Jan. 1 and aimed at fighting dirty money flows in the U.S. has been met with political attacks and the spread of misinformation, amid ongoing tensions around the transparency tool....
Sudanese businessman Abdelbasit Hamza — whose company holdings feature in Cyprus Confidential documents — has been accused of being “a central figure in Hamas’ investment portfolio.”...
Documenti trapelati mostrano che la persona più ricca dell’Ucraina era dietro a movimenti offshore per l’acquisto di un attico di lusso a Londra, sollevando domande sul perché non sia elencato nel nuovo registro del Regno Unito destinato a smascherare gli oligarchi e altri che possiedono proprietà attraverso società di...
Una squadra di esperti statunitensi di criminalità finanziaria è arrivata a Cipro per assistere in un’indagine del governo su sospette violazioni delle sanzioni russe a seguito dell’indagine riservata dell’ICIJ su Cipro, ha confermato un funzionario cipriota ai media locali....
With help from PwC Cyprus, Hushang Ansary set up shell companies and oversaw a series of transactions that authorities say drained a Curacao fund holding pensions for 30,000 people.
PwC’s work for Russian billionaires is part of a global system of enablers who, at a time of war, have undermined Western efforts to hurt Russian oligarchs financially and to sow discontent with Putin in their ranks....
Nei giorni successivi all’invasione dell’Ucraina da parte della Russia nel 2022, mentre i governi occidentali minacciavano imminenti sanzioni contro la cerchia ristretta del presidente Vladimir Putin, una società di servizi professionali cipriota chiamata Abacus Ltd. ha silenziosamente trasferito 5 milioni di dollari da un...
An investigation by the International Consortium of Investigative Journalists, Paper Trail Media and 67 media partners reveals how Cyprus, at the east end of the Mediterranean nearest Turkey, Syria and Lebanon, plays an even bigger role than was commonly known in moving dirty money for Russian President Vladimir Putin’s...
Russia dominated the island’s banking system under the watch of the European Union.
ICIJ-led investigation Cyprus Confidential reveals how the EU member state powered the Kremlin’s financial machine, moving vast sums for oligarchs, including after Russia’s 2022 Ukraine invasion.
The report by the Financial Accountability and Corporate Transparency (FACT) Coalition, published on Oct. 26, said that “critical gaps” in the U.S. anti-money laundering system are vulnerable to exploitation by criminal groups, including those behind the destruction of the Amazon, the world’s largest tropical rainforest....
Nearly 100 current and former workers interviewed by ICIJ reported being subjected to practices that are widely considered indicators of labor trafficking....
Saudi Prince Mishaal bin Khalid al-Saud — who controls more than 200 McDonald’s outlets across Saudi Arabia — told CEO Magazine in 2018 that one of the secrets of his enterprise’s success is “ensuring a positive and favorable environment for our employees.”...