'Panama Papers' Leak Details Ties to Insurance Fraud in Boat Tragedy

From Business Insurance

A case of insurance fraud involving a fatal boating accident in upstate New York is cited in the so-called “Panama Papers” that detail the use of offshore accounts and shell companies by politicians and others, some of whom are allegedly engaged in money laundering.

The papers, which include more than 11 million leaked documents associated with the Panama City, Panama-based law firm Mossack Fonseca & Co., mention the sinking of the tour boat in 2005. 

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