Today in the Panama Papers: U.S. criminal cases, even more celebs, Mossack Fonseca responds

Fusion is one of two English-language U.S. partners who participated in a global investigation of the Panama Papers, leaked records from Mossack Fonseca, a Panamanian law firm that helped powerful clients across the world hide money in offshore companies. Every day this week, Fusion will run a daily round-up of top news relating to the revelations.

Links to U.S. criminal cases found in the papers

While there’s been a lot of talk about the Panama Papers not containing records of many Americans, a Fusion investigation found several people involved in U.S. court cases among Mossack Fonseca clients. Some used their shell companies to carry out crimes, while there’s no way to tell how some of the others used their offshore companies.

Some more celebrities that used Mossack Fonseca

In addition to the ones we noted yesterday, records of additional celeb clients were found in the Panama Papers. Most notable among them is Simon Cowell, although his spokesman says that the companies were set up by Cowell’s accountants and never used.

The return of Mossack Fonseca

One of the firm’s founding partners, Ramon Fonseca, broke radio silence late Tuesday to tell Reuters his company was the victim in the Panama Papers reveal. He said that Mossack Fonseca had broken no laws and all of its operations were completely legal.

“This is a tropical storm, like the ones we have here in Panama where once it passes the sun will come out,” Fonseca told Reuters. “I guarantee you that we will not be found guilty of anything.”

Iceland PM: Just kidding about the resignation

Iceland Prime Minister Sigmundur Davíð Gunnlaugsson said reports he had resigned on Tuesday after being named in the Panama Papers were premature. Instead, he says, he is taking a break for an “unspecified” period. News of his name in the papers led to massive protests in Reykjavik on Monday.

FIFA gets raided

Swiss authorities launched fresh raids as part of an ongoing corruption inquiry into soccer’s global governing body. It’s not known if this is directly linked to the Panama Papers, but several high-ranking FIFA officials were found in the documents, including new leader Gianni Infantino. Infantino released a statement saying he had done nothing wrong, and that he welcomed the investigation into FIFA.

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