mossack hack

Mossack Fonseca Fined $440,000 by FSC

This 2016 leak meant a 6-month investigation in addition to record-breaking fines from the BVI. The Financial Services Commission (FSC imposed a $440,000 administrative penalty against Mossack Fonseca’s operations in the British Virgin Islands. They cited 8 breaches of code including failures in due diligence and identification procedures at the firm. The 6-month investigation included …

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