EAST TEXAS (KLTV) - Recently there was a massive data leak where millions of documents from the law firm Mossack Fonseca were released in the digital world.
Now, for most of us, the name Mossack Fonseca means nothing and that is probably a good thing. The firm appears to have a specialization on creating shell businesses that are essentially paper-only businesses that are designed to hide large sums of money. The motivation to create such a business is that you can avoid taxes or you can hide illegally acquired money.
The firm created more than 200,000 hiding places and, it appears, that numerous world government leaders are involved. Now, many of the leaders are known criminals but some are members of governments that are very close to the United States. Some connections exist in Great Britain, Iceland, Mexico and others and this whole worldwide practice really smells of a worldwide conspiracy.
Now, there may not be a single ringleader but when this type of activity exists and it spans continents, there has to be some kind of organizing force behind it. I am usually not a fan of these types of massive leaks because they typically impact law-abiding businesses and individuals as well as those with questionable motives – so the innocent often get caught up in the tidal wave of suspicion.
But this leak may actually alter international law and it may reset some government individuals that need resetting. It is another reminder that there are corrupt individuals across the globe and they need to be brought to justice.