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The American Con Man Who Pioneered Offshore Finance

by Brooke Harrington | Aug 19, 2024 | Offshore Finance

2024, The Atlantic How a now-obscure financier turned the Bahamas into a tax haven—and created a cornerstone of global plutocracy. Keywords: Bahamas, offshore finance, colonialism, Wallace Groves

The Secret World of Offshore Banking Is Proving It Can Stand Up to Kleptocrats

by Brooke Harrington | May 29, 2022 | Elites & Oligarchs, Offshore Finance

2022, Washington Post Russia’s 2022 invasion of Ukraine produced an unexpected side effect: leading nations in the offshore financial system became willing to do the impossible by tearing down their own wall of secrecy. They can do it again. Keywords: offshore...

When Reputation Matters, Leaks Like the Pandora Papers Can Be Very Effective

by Brooke Harrington | Oct 29, 2021 | Elites & Oligarchs, Offshore Finance

2021, New York Times The Pandora Papers leak of offshore financial data doesn’t just expose the “lifestyles of the rich and famous:” it’s a damning indictment of corruption at the highest levels of government and corporate leadership worldwide. But there is reason for...

Offshore Accounts Aren’t for Evading Taxes. They’re for Evading Laws Altogether.

by Brooke Harrington | Oct 9, 2021 | Elites & Oligarchs, Offshore Finance

2021, Washington Post For the wealthiest people in the world, offshore finance provides a way to escape the rule of law—not just taxes, but any laws they find inconvenient. This is why the Pandora Papers includes so many cases of shell companies, trusts and...

Why Tax Havens Are Political and Economic Disasters

by Brooke Harrington | May 29, 2016 | Offshore Finance

2016, The Atlantic Whatever benefits might come to a country entering into the tax-haven business, it seems to be a Faustian bargain. Most are afflicted by the “finance curse,” becoming repressive, undemocratic and economically precarious. Keywords: finance curse,...

Panama Papers: The Real Scandal Is What’s Legal

by Brooke Harrington | Apr 29, 2016 | Offshore Finance

2016, The Atlantic The Panama Papers gave many their first glimpse of the dirty secret of offshore finance: the system makes legally possible activities that many people would consider criminal. While the leak exposed opportunistic and often unethical behavior by...
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  • The American Con Man Who Pioneered Offshore Finance

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