US Charges 4 in ‘Panama Papers’ Tax Evasion Scheme

US Charges 4 in ‘Panama Papers’ Tax Evasion Scheme
Mossack Fonseca law firm sign is pictured in Panama City, on Apr. 4, 2016. Carlos Jasso/Reuters
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WASHINGTON/NEW YORK—U.S. prosecutors announced Dec. 4 that they have charged four people with taking part in a decades-long scheme to evade U.S. taxes that came to light after a massive leak of offshore financial data known as the “Panama Papers.”

Three of the four people have already been arrested, prosecutors said, in the first criminal case brought by U.S. authorities in connection with Mossack Fonseca & Co., the Panamanian law firm at the center of the leak.