Paradise Papers Leak Reveals Financial Secrets of the World's Elite
 

Paradise Papers leak reveals secrets of the world elite's hidden wealth

Like the Panama Papers last year, another batch of explosive documents have been leaked, revealing a wealth of information regarding the financial dealings of the upper echelon of society.

Read more at the link above, but here are some highlights:

• Millions of pounds from the Queen’s private estate has been invested in a Cayman Islands fund – and some of her money went to a retailer accused of exploiting poor families and vulnerable people.
• Extensive offshore dealings by Donald Trump’s cabinet members, advisers and donors, including substantial payments from a firm co-owned by Vladimir Putin’s son-in-law to the shipping group of the US commerce secretary, Wilbur Ross.
• How Twitter and Facebook received hundreds of millions of dollars in investments that can be traced back to Russian state financial institutions.
• The tax-avoiding Cayman Islands trust managed by the Canadian prime minister Justin Trudeau’s chief moneyman.
• A previously unknown $450m offshore trust that has sheltered the wealth of Lord Ashcroft.