On Tuesday, federal prosecutors announced criminal charges against Mossack Fonseca including Conspiracy to Defraud the United States, Conspiracy to Commit Wire Fraud, Conspiracy to Commit Tax Evasion, Wire Fraud, and Money Laundering Conspiracy.
Three arrests were made, but one man is still at large. However, there was very little mention of the fact that the firm has strong ties to the Clinton Foundation and that John Podesta sat on the board of one of its clients.
“The charges line up with several of the sealed indictments requesting wiretaps, PRTT orders, and search warrants which were leaked by the DOJ recently and reported on by the Daily Crusader.”
However, although the 11 charges are serious, they still don’t explain “some of the leaked PRTT/wiretap orders, such as the National Security orders, the drug trafficking orders, or the orders related to child trafficking or providing aid to foreign terrorist organizations.”
Basically, the participants “would hide their assets in foreign tax havens away from the prying eyes of US and other sovereign nations taxation authorities, presumably to avoid paying taxes and possibly to have assets available should they ever need to flee their respective home countries for their alleged treason.”
Authorities have successfully arrested Dirk Brauer, a 54-year-old German investment advisor for Mossfon Asset Management, Richard Gaffey, a 74-year-old U.S. accountant, and Harald Joachim von der Goltz, an 81-year-old German-born client.
Attorney Ramses Owens, a 50-year-old from Panama, remains at large.
The charges were all levied by U.S. Attorney Geoffrey Berman in the Southern District of New York, who in a statement said, “For decades, the defendants, employees and a client of global law firm Mossack Fonseca, allegedly shuffled millions of dollars through off-shore accounts and created shell companies to hide fortunes.
“In fact, as alleged, they had a playbook to repatriate un-taxed money into the U.S. banking system. Now, their international tax scheme is over, and these defendants face years in prison for their crimes.”
“One of the clients, listed as ‘Client 3’ began cooperating with the DOJ, using voluntary wiretaps and by meeting with undercover agents in America and overseas, in January 2017.”
“Clinton Foundation-connected associates which are related to Mossack Fonseca include Gabrielle Fialkoff, finance director for Hillary Clinton’s first campaign for the U.S. Senate; Frank Giustra, a Canadian mining magnate who has traveled the globe with Bill Clinton; a member of the Chagoury family, which pledged $1 billion in projects to the Clinton Global Initiative; and Chinese billionaire Ng Lap Seng, who was at the center of a Democratic fund-raising scandal when Bill Clinton was president.”
Also using the Panamanian law firm was the company founded by the late billionaire investor Marc Rich, an international fugitive when Bill Clinton pardoned him in the final hours of his presidency.
John Podesta was on the executive board of a client of Mossack Fonseca.
With the recent revelations, it looks like curtains for the Clinton cabal… or at least, many people hope it is.