Millions of Leaked Files Shine Light on Where the Elite Hide Their Money

It’s called the Paradise Papers: the latest in a series of leaks made public by the International Consortium of Investigative Journalists shedding light on the trillions of dollars that move through offshore tax havens.

The core of the leak, totaling more than 13.4 million documents, focuses on the Bermudan law firm Appleby, a 119-year old company that caters to blue chip corporations and very wealthy people. Appleby helps clients reduce their tax burden; obscure their ownership of assets like companies, private aircraft, real estate and yachts; and set up huge offshore trusts that in some cases hold billions of dollars. read more »

Offshore Leaks Database

Find out who’s behind almost 500,000 offshore companies, foundations and trusts from the Panama Papers, the Offshore Leaks and the Bahamas Leaks investigations, and explore the offshore financial data from some politicians featured in the Paradise Papers investigation. read more »

Sentence due for Fontana woman in health care fraud scheme

A 49-year-old Fontana woman could be sentenced to federal prison Monday for paying illegal kickbacks to doctors in exchange for home health care referrals that were billed to Medicare. read more »

Ex-ArthoCare CEO sentenced to 20 years in U.S. prison for fraud

The former chief executive of medical device company ArthroCare Corp was sentenced on Friday to 20 years in prison after being convicted of having orchestrated what federal prosecutors called a $750 million securities fraud.

Michael Baker, 58, was sentenced by U.S. District Judge Sam Sparks in Austin, Texas after a federal jury in August found him guilty of securities fraud, wire fraud and other charges, the U.S. Justice Department said. read more »