Off Shore Financial News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> reporter: are these off shore accounts legal that you analyzed? >> yeah. i mean, it depends. so these companies that offer shell companies and so forth, they reside in jurisdictions where they are abiding by the laws of say the british virgin islands or cypress or other places around the world. you're right to point out that there's not anything necessarily illegal about that, but it does create a lot of problems. it leads to tax evasion. these off shore systems are often exploited by criminals to hide ill-gotten gains, corrupt politicians and just -- as you put it at the top of the show, i...

The disclosures are in 13 million paeubgz of leaked documents of off shore financial firms. published worldwide as the paradise papers. they show queen elizabeth invested ten million pounds off shore now stir today bankrupt lender. meanwhile bono. >> i didn't make my name is mathematics. >> recordedly working with a company purchasing a mall in lithuania under investigation. it's said all the arrangements are legal. >> there are questions whether america's top economic representative dealing with foreign countries should have a financial stake in a company making money from putin cronies. >> i...