Today In Finance:
DALLAS, TX / ACCESSWIRE / June 28, 2017 / The Panama Papers consist of 11.5 million leaked financial documents that provided information on 214,488 offshore entities.[[i]][[ii]] The documentation was leaked from Mossack Fonseca who provided legal and corporate service to clients. [[iii]] An unknown person leaked the documents to the German Journalist Bastian Obermayer and it has been providing revelations ever since.[[iv]]
Is Lopag Trust Reg one of the missing links to identifying who is really facilitating crime and terrorism by hiding their client's money? The Lopag Trust Reg. is important because it expose how some trustees put ethics on hold in order to increase return on investments. The Lopag Trust Reg, based out of Liechtenstein, continues to raise suspicion based on the number of known people of power connected to it. Here is a list of the names of the individuals and groups that are connected to this trust: Russian Oligarchy, Qatar Royal Family and Hosni Mubarak.[[v]]
Connections regarding any single entity raise suspicion; therefore, all of the connections elevate it to a new level of concern as seen in the investigation that the Indian Government opened on the Lopag Trust.[[vi]] [[vii]] The surprise deals with where these individuals are doing with the money that is hidden by the Lopag Trust Reg.[[viii]] According to numerous sources, the money was used for a number of actions that range from providing financial support to terrorism (Qatar Royal Family), facilitation of hiding funds while Russia was under sanctions (Russian Oligarchy), support to known Russian (Russian Oligarchy) criminal underground and weapons negotiations (Hosni Mubarak).
What new revaluation will come out next? The Panama Papers continue to provide insight into the unknown of how money was and still is being laundered for all types of individuals, companies, organization and governments.[[ix]] The Lopag Trust Reg. is one of many Trust within the Panama Papers. This is an example of how connecting the dots bring to light what is below the surface level of understanding on these topics.
[i] "Giant leak of offshore financial records exposes global array of crime and corruption". OCCRP. The International Consortium of Investigative Journalists. April 3, 2016. Archived from the original on April 4, 2016.
[ii] Vasilyeva, Natalya; Anderson, Mae (April 3, 2016). "News Group Claims Huge Trove of Data on Offshore Accounts". The New York Times. Associated Press. Retrieved April 4, 2016.
[iii] Vasilyeva, Natalya; Anderson, Mae (April 3, 2016). "News Group Claims Huge Trove of Data on Offshore Accounts". The New York Times. Associated Press. Retrieved April 4, 2016.
[iv] "How two German newspaper reporters broke the story behind the Panama Papers". Retrieved 2016-08-12.
[v] The Secret Dealings Of Swiss Lawyer Dieter Neupert. (2017, January 05). Retrieved June 01, 2017, from https://www.albawaba.com/business/secret-dealings-of-swiss-lawyer-dieter-neupert-922326
[vi] Iyer, V. P. (2016, April 5). Tracking Panama cash trail: What India Wanted, What It Got - And Didn't. Retrieved June 15, 2017, from http://indianexpress.com/article/india/india-news-india/panama-papers-tracking-the-cash-trail-what-india-wanted-what-it-got-and-didnt/
[vii] United Kingdom: Complaint Against Oligarchs Favourite Trustee. (2017, June 21). Retrieved June 25, 2017, from https://www.intelligenceonline.com/corporate-intelligence_corridors-of-power/2017/06/21/complaint-against-oligarchs-favourite-trustee,108250739-BRE
[viii] Lopag. (2017, April 4). Retrieved June 10, 2017, from http://www.dieterneupert.com/lopag.html
[ix] Lopag Trust Reg. (n.d.). Retrieved June 20, 2017, from https://panamadb.org/intermediary/lopag-trust-reg_11012027