Money Laundering & Tax Evasion
About this event
“An account, a lawyer and their client walk into a bar….” The 2016 Panama Papers disclosures led to numerous investigations and enforcement actions against numerous parties named in them. One particular case which received attention led to the imprisonment of a client, his lawyer and his accountant, all for crimes directly related to a complex scheme designed to evade the client’s tax obligations. With twists and turns involving everything from an acrimonious divorce, classic money laundering tactics and a rain forest tour company, the facts, at times, read like a bad joke. TCAE is excited to invite Samantha Sheen, Director, Ex Ante Advisory Limited to provide her insights on Tax Evasion. Samantha will review the tactics used by the client and his professional advisors to hide millions in income and profits and consider the question: Without the Panama Papers Leaks, would it have been possible for the financial businesses involved to spot the tax evasion tactics in this case?
- Review of a few tactics used by tax evaders
- How do financial businesses spot tax evasions?
- Role of the Panama Paper leaks in uncovering tax evasion tactics used by professionals