I did nothing wrong . That's the gist of how many individuals connected with the " Panama Papers "—the millions of leaked documents exposing how a Panamanian law firm , Mossack Fonseca, helped the rich and powerful park their wealth in tax havens and offshore bank accounts or shell companies— are responding to the revelations this week . And in many cases, they may be telling the truth. As The New York Times points out , "Holding money in an offshore company is generally not illegal, although such financial arrangements can be used in illegal ways—for example, to facilitate tax evasion or money laundering." Wear a ski mask around town on a warm day, perhaps for a perfectly good reason (you're a celebrity trying to avoid paparazzi, you ran out of sunscreen), and you'll probably invite suspicion. Because it looks like you might rob a bank. The release of the Panama Papers is a bit like the end of The Truman Show , the 1998 film about a man, Truman Burbank, who gradually realizes he's spent 30 years on the set of a reality TV show in which he's the star. In the last scene, Truman is sailing a boat… Read full this story
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