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Dirty Little Secrets

Catherine Dunn

Fusion, 2016

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Investigative reporter Catherine Dunn explains how “registered agents” help drug lords, bank robbers and corrupt officials set up shell companies that conceal their assets. Dunn also shares the Panama Papers investigation’s intelligence on one of the worst offenders: the Panama-based legal firm Mossack Fonseca. This eye-opening exploration of one of the largest leaks in history exposes how the rich, corrupt and criminal really do business. In the interests of being fair and balanced, Dunn also reveals how easy it is to set up a shell company in the United States. While always politically neutral, getAbstract recommends this report to those concerned about the shadow economy.

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Shell companies in tax havens may once have had legitimate reasons for existing, but now they are more often a front for money laundering and other financial crimes.
“Registered agents” in the United States and offshore facilitate the creation of these shell companies, which never have to name their true owners.
The Panama Papers investigation has revealed the role of lawyers and registered agents in concealing their clients’ financial wrongdoings.

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Catherine Dunn is an investigative reporter for Fusion.

Dirty Little Secrets

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