“I’ve never seen anything like this. This secret world has finally been revealed,” said Arthur Cockfield, a law professor and tax expert at Queen’s University in Canada, who reviewed some of the documents during an interview with the CBC. He said the documents remind him of the scene in the movie classic The Wizard of Oz in which “they pull back the curtain and you see the wizard operating this secret machine.”
A cache of 2.5 million files has cracked open the secrets of more than 120,000 offshore companies and trusts, exposing hidden dealings of politicians, con men and the mega-rich the world over.
Exposing the very rich who have hidden their assets in off-shore accounts has taken years of investigative journalism. This information shows how there are two sets of laws and penalties / punishments in regard to Joe Blow down the street vs. the super rich. Some will say they didn’t do anything illegal.
Government officials and their families and associates in Azerbaijan, Russia, Canada, Pakistan, the Philippines, Thailand, Mongolia and other countries have embraced the use of covert companies and bank accounts.
The mega-rich use complex offshore structures to own mansions, yachts, art masterpieces and other assets, gaining tax advantages and anonymity not available to average people.
Many of the world’s top’s banks – including UBS, Clariden and Deutsche Bank – have aggressively worked to provide their customers with secrecy-cloaked companies in the British Virgin Islands and other offshore hideaways.
TWENTY TRILLION HELD OFFSHORE
The American People are Being Robbed Blind
Many of those holding trillions offshore are banks that the American people bailed out!
How do you crash the world’s economic system? Steal the money and hide it! This is where American gifts of help to other countries really goes. When send billions in aid to third world countries and they pass laws enslaving their people, starve them, do projects which give the money back to global companies and the people remain impoverished. The leaders of those countries become wealthy beyond belief, and the super rich global players sit back and tell us we need to get used to austerity!
All of this is designed to destroy the foundations of America and once we are broke and suffering enough we will revolt, martial law will take hold, and after the crisis we will agree, no, we will beg for relief which is a new planned world government system.