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Massive Leak of Data Reveals Money-Hiding Secrets of Superrich—and This Is 'Only the Beginning'

Rejected submission by aristarchus at 2019-12-05 21:30:11 from the Beyond Panama dept.
News

One benefit of computerization is that leaking data is now very much easier. In reporting from Common Dreams [commondreams.org], information on the operations of a British company called "Formations House" is revealed.

A massive trove of documents, data, and recorded phone calls showing how British company Formations House works to hide money for the superrich is being reported on by journalists all over the world, with the first stories dropping at midnight on Wednesday.

The reporting is being done under the name "29 Leaks," a reference to Formations House's original address at 29 Harley Street in London. The data [ddosecrets.com] was leaked to the group Distributed Denial of Secrets over the summer.

Times of London [thetimes.co.uk]
McClatchy [mcclatchydc.com]
Economic Times [indiatimes.com]
Boing-boing [boingboing.net]


Original Submission