US calls for 'significant' jail time for Panama Papers tax crooks

[Judi Lynn]

“Meaningful sentences must be given… to forewarn others of the consequences for engaging in multi-year tax fraud,” prosecutors argue.

By Will Fitzgibbon
July 31, 2020

The first people to plead guilty following the United States government’s response to the Panama Papers investigation should spend “significant” time in jail, prosecutors say.

U.S. officials last week recommended prison for Harald von der Goltz and his accountant Richard Gaffey. Both men pleaded guilty to financial crimes earlier this year and are at home on bail.

“For decades, von der Goltz orchestrated a complex fraudulent scheme for the purpose of evading tax payments that he owed to the United States,” prosecutors wrote about the 83-year-old. Prosecutors estimated that von der Goltz evaded paying more than $3.4 million in taxes.

Von der Goltz, helped by Gaffey and Ramses Owens, a Panamanian lawyer with the firm Mossack Fonseca, created fake documents and pretended that his elderly, blind mother in Guatemala owned offshore companies worth tens of millions of dollars. Von der Goltz also helped others, including his sons, evade U.S. taxes. Owens is still wanted by the U.S. and remains in Panama.

More:
https://www.icij.org/investigations/panama-papers/us-calls-for-significant-jail-time-for-panama-papers-tax-crooks/

[MartyTheGreek]

1. Check history on this... ruskies caught up in this...

I recall one article 5 or so years ago that said Pukin was pissed for Hillary pushing the uncovering of Panama Papers!

When will the obvious be described?: Global family and dictator oligarchs like the Trump clan tried to create their own New World Order and failed abysmally!

The World is responding and let's make their dream come to an abrupt end!

Some good Journalist needs to tell this story!