Three UK financial advisers exposed in Panama Papers arrested for $171 million tax fraud.

A large investigation in the UK resulted in the arrest of 3 financial advisers on July 21, 2016. The arrests came as a part of a raid by the UK's HM Revenue & Customs (HMRC) authority. The perpetraitors arrest was for tax fraud. The search for the fraudsters required more than 30 officers from [...]

Italian fugitive from justice and tax fraudster arrested in Ukraine after three years on the run.

Black Sea Port police in Ukraine arrested Giuseppe Donaldo Nicosia in 2017. Nicosia is an Italian fugitive who was on the run for three years. He was on the run for stealing money and tax fraud. His crimes came to light during the Panama Papers scandal of 2016. This scandal revealed how many wealthy [...]

Famed British Lord Ashcroft’s Belize bank found out and fined $$$ millions in the ongoing Panama Papers scandal.

Since the release of the Panama Papers in 2016, many of the world's richest people have been exposed for tax evasion. The Panama Papers are documents that reveal how offshore bank accounts are used to hide wealth. The documents showed that avoiding taxes was one of the main reasons for these accounts. Using this [...]

Company owners charged for illegal sale of non-prescription contact lenses.

Six individuals were charged with illegally selling cosmetic contact lenses without prescriptions. The fraud was detected by the US Food and Drug Administration’s (FDA’s) Operation “Cat Eyes” that targeted adulterated and misbranded contact lenses. Some of the products that were purchased in connection with this investigation were contaminated with dangerous pathogens that can cause [...]