Tag Archives: papers

The bread crumb papers: Why Cohen document dump should worry Donald Trump and others

The bread crumb papers: Why Cohen document dump should worry Donald Trump and othersRedactions can be used to avoid alerting a defendant before he's charged or tipping off suspects in a pending investigation. Who might that apply to?



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Roger Stone threatened associate’s dog and referenced The Godfather in bid to stop testimony, court papers say

Roger Stone threatened associate’s dog and referenced The Godfather in bid to stop testimony, court papers sayRoger Stone allegedly called an associate “a rat” and threatened to have his dog killed in a bid to stop him testifying to the special counsel investigating ties between the Trump campaign and Russia. Mr Stone, a former adviser to Donald Trump, was arrested in Florida by the FBI on Friday on seven counts involving witness tampering, obstruction and false statements regarding interactions he had with Wikileaks ahead of the 2016 presidential election. The indictment, brought by special counsel Robert Mueller, details extraordinary interactions between Mr Stone and senior officials in the Trump campaign, as well an two other unnamed high-profile individuals.



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Jayme Closs: Suspect Jake Patterson decided to kidnap girl when he spotted her get on school bus, court papers say

Jayme Closs: Suspect Jake Patterson decided to kidnap girl when he spotted her get on school bus, court papers sayThe man suspected of kidnapping Jayme Closs and killing her parents in their Wisconsin home allegedly decided to take the 13-year-old after spotting her getting onto a school bus one day, accordng to a criminal complaint filed in court. Jake Thomas Patterson, 21, will be formally charged with two counts of murder and one count of kidnapping before his afternoon hearing in Barron County Circuit Court, according to prosecutors. A criminal complaint alleges Mr Patterson told investigators that, on his drive to a job at a cheese factor in Almena, Wisconsin, he spotted Jayme get on the school bus one day and came up with the idea to abduct her.



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Trump 'storms out and throws briefing papers across floor' after extraordinary televised row with Pelosi and Schumer

Trump 'storms out and throws briefing papers across floor' after extraordinary televised row with Pelosi and SchumerA frustrated Donald Trump reportedly threw briefing papers across the White House floor following his chaotic televised meeting with Nancy Pelosi and Chuck Schumer. Ms Pelosi and Mr Schumer were widely considered to have bested Mr Trump after the 72-year-old was goaded into admitting he would be “proud” to partially shut down the government if congress refuses to approve $ 5bn in border wall funding. Following the dispute, Mr Trump “stormed out” of the Oval Office, and, holding a folder of briefing papers, “scattered them out of frustration – threw them across the room”, according to the LA Times’ White House reporter Eli Stokols.



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Brexit 'humiliation' leaves May vulnerable: UK papers

Brexit 'humiliation' leaves May vulnerable: UK papersLondon (AFP) – Prime Minister Theresa May's "humiliation" at the hands of EU leaders who rejected her Brexit plans dominated Britain's front pages Friday, although eurosceptic publications accused her tormenters of mafia-style behaviour.



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Vegas shooting papers hint some may have encountered gunman

Vegas shooting papers hint some may have encountered gunmanLAS VEGAS (AP) — Police documents released Wednesday about the deadliest mass shooting in modern U.S. history included reports from at least two people who said a person they believed to be the gunman ranted in the days prior to last October's Las Vegas Strip attack about the federal government and gun control.



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New Papers Show Even Deeper Trump Russia Ties

New Papers Show Even Deeper Trump Russia TiesRichard Engel outlines the growing number of identified, if not immediately disclosed, connections between Donald Trump's staff and family and Russian business and political interests.



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Lewis Hamilton and Mrs Brown's Boys actors latest to be exposed by Paradise Papers leaks

Lewis Hamilton and Mrs Brown's Boys actors latest to be exposed by Paradise Papers leaksThe Labour Party were accused of hypocrisyin their response to the Paradise Papers leaks as it emerged that they rent their headquarters from an offshore trust.  In the second day of revelations, which come predominately from a hack of law firm Appleby, the rich and famous faced further questions over their complex financial dealings.  Lewis Hamilton, the Formula One champion and one of the world's richest sportsmen, was accused of avoiding European taxes through a leasing businesses from which he rented his private jet back to himself. And three stars of the hit BBC sitcom Mrs Brown's Boys were revealed to have diverted more than £2million into an offshore tax-avoidance scheme.   The offshore investments of the Queen's private estate were revealed in the Paradise Papers  Credit: AFP British lawyer James O’Toole – who described himself in emails as a "tax alchemist” – set up structures designed to help the wealthy hide their money, including a loophole for paying public school fees whilst operating within the law. Apple, the world's most profitable firm, was also accused of shopping around for a tax haven and moving their offshore cash reserve to the Channel Island of Jersey when controversial practices in Ireland were cracked down upon in 2013.  The company insisted it remained the world's largest taxpayer with £26bn in corporation tax over the past three years and the move had not reduced their payments in any country. Labour leader Jeremy Corbyn and John McDonnell, the shadow chancellor, both condemned what they described as "massive tax avoidance" exposed in the leak.  Mr Corbyn even suggested that the Queen should apologise and be investigated for allowing her advisers at the Duchy of Lancaster to put around £10m in offshore investments.  Jeremy Corbyn says the Queen should apologise for her offshore investments 01:34 He said  “Anyone that is putting money into tax havens in order to avoid taxation in Britain, and obviously investigations have to take place, should do two things – not just apologise for it but also recognise what it does to our society. “If a very wealthy person wants to avoid taxation in Britain, and therefore put money into a tax haven somewhere, who loses? Schools, hospitals, housing, all those public services lose and the rest of the population has to pay to cover up the deficit created by that." Mr McDonnell echoed his sentiments when he called for a full public inquiry into the leaks, and went further saying that he would introduce a "withholding tax".  He continued: "There are a lot of these companies that have contracts with our Government so we are paying them money and that money is then going into tax havens. I would like to end those companies who are engaged in tax avoidance having public contracts." Paradise Papers | Who is involved? It later emerged that the lease on Labour's eight-floor headquarters, thought to be worth nearly one million pounds a year, is paid by the party to The West End of London Property Trust (WELPUT), a fund registered in Jersey. Schroders, the Jersey based company who manage the Trust, said tax is paid on the rent before it is put into trust and when their investors take profits they have to pay tax on it in their home country. It has previously been revealed that Mr McDonnell received an income of £14,421 from his Westminster City Council pension which is also invested in a Guernsey trust.  Jacob Rees-Mogg said that Labour had fundamentally misunderstood offshore trusts, in which he invests, as tax on the income was paid when the money was brought back into the UK.  "They are in the awful position of being both hypocritical and not very bright," he said.  "It is classic socialism, a case of do as I say and not as I do." A Labour spokesperson said the party received "no benefit as a result of the financial arrangements of the building owner" and added: "We remain committed to changing the current tax environment and to tackling tax avoidance.”  In brief | What is a tax haven? In a second day of revelations Hamilton was said to have been refunded £3.3m in VAT when he imported his £16.5m red Bombardier aircraft into England from Canada in 2013 through the Isle of Man.  The jet was bought by his British Virgin Islands company, it was then leased to an Isle of Man company set up by Appleby who then leased it to a UK jet chartering company, who then leased it to Mr Hamilton and his team.  There is no suggestion that Hamilton was directly involved in creating the scheme used for his jet and he told the BBC that he asked a tax barrister to check it and was told it was lawful.   The Isle of Man government has reviewed its schemes and found no evidence of wrongdoing but has nonetheless asked the Treasury to investigate.  Patrick Houlihan and Martin and Fiona Delany were also implicated in offshore schemes as it emerged that they  put their fees from a production company owned by Brendan O'Carroll, the creator and star Mrs Brown's Boys and Mrs Delany's father, into companies that they controlled in Mauritius which then repaid them in loans.  The three actors were introduced to the scheme by English accountant Roy Lyness, who first drew headlines in 2012 for running the scheme which helped comedian Jimmy Carr avoid paying more than £3m on his earnings.  The three could not be contacted for comment but Mr Houlihan, who plays Dermot, had seemed confused over the scheme and told the Irish Times that he had not intended to avoid tax but simply control when he got the money and paid the tax on it.  He said he was contacted by the BBC's Panorama about the scheme, adding: "I was surprised and I hung up. Afterwards I had to Google tax avoidance to see what it meant.” The documents are said to show that Mr Lyness inroduced them to tax advice firm Aston Court, which operated legal offshore trusts and companies which helped reduce tax liabilities.  Aston Court was in turn part run by Mr O'Toole, who helped his clients set up offshore cell companies where they lost technical control of their money but signed up as "investment advisers" who could control how money was spent.  Tax havens Mark Faulkner, a banker, and his wife, award winning war photographer Harriet Logan, were caught up in a complicated web of investments, the documents are said to show. In a move that is not illegal, they transferred millions of investments including cash, stocks and shares, a yacht and a portfolio of pictures to companies in Mauritius called Babington PCC.  They then advised on a number of investments including a classic car, a London flat and a wine collection.  They are now reviewing the arrangements and if any tax is required by HMRC it will be paid, their lawyers have said.  “Our clients have now commenced dialogue with HMRC to review the arrangements that their previous advisers had recommended,” the lawyer told the Guardian. Some of Aston Court's clients also required access to money for school fees and therefore the Educational Purpose Trust (EPT) was set up in Mauritius which offered to pay for scholarships for children in need of help.  About | Appleby Most applications came from Aston Court clients whose children were already attending the top private schools and they were then asked to make a “charitable contribution” to the trust, which would be tax deductible and would cover their children's fees.  Mr O'Toole and Aston Court did not respond to request for comments.  Appleby has said in a statement: “There is no evidence of wrongdoing either on the part of ourselves or our clients.”  



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What Is The Massive Document Leak Known As The Paradise Papers?

What Is The Massive Document Leak Known As The Paradise Papers?The Paradise Papers closely resemble a document leak from last year known as the Panama Papers, which also detailed the offshore holdings and tax avoidance schemes of some of the world’s most powerful people. The Panama Papers caused a significant international fallout when they were released in April 2016, even leading to the resignation of Iceland’s prime minister amid protests and the surrounding controversy. The effects of this new Paradise Papers leak remain to be seen, but it has already put increased scrutiny on high-profile figures including U.S. Commerce Secretary Wilbur Ross and Queen Elizabeth II.



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Maltese journalist who led Panama Papers invesitgation killed in car bomb

Maltese journalist who led Panama Papers invesitgation killed in car bombMalta’s prime minister has appealed for national unity following the murder of a campaigning journalist who had accused his government of corruption. Daphne Caruana Galizia, 53, achieved fame and notoriety for investigative reporting laced with scathing commentary about allegedly corrupt officials and businessmen. She was killed on Monday when a powerful bomb blew up her car. Forensic experts on the scene of the explosion which killed investigative journalist Daphne Caruana Galizia in Bidnija, Malta Credit: Darrin Zammit Lupi/Reuters Police said the bomb went off while she was driving near the village of Bidnija in northern Malta on Monday afternoon. Joseph Muscat, the Maltese Prime Minister, denounced her murder as a "barbaric attack on press freedom". "I will not rest until I see justice done in this case. Our country deserves justice," he said in a televised statement.  Caruna Galizia’s blog, Running Commentary, was one the most widely read websites on Malta and led the investigation of corruption allegations stemming from revelations in the so-called Panama Papers leak. This is a spiteful attack on a citizen and freedom of expression. I will not rest until justice is done. The country deserves justice -JM— Joseph Muscat (@JosephMuscat_JM) 16 October 2017 It was famed for a relentless pursuit of cases of apparent corruption and incendiary, sometimes highly personal, comments that saw her embroiled in frequent legal battles. Earlier this year Politico magazine listed her as one of the 28 men and women “making and shaking Europe” for her unrelenting crusade against what she saw as Malta’s culture of “cronyism” and opaque government. Ambulance parked on the road where a car bomb killed Daphne Caruana Galizia Credit: Rene Rossignaud/AP In 2016 she reported Konrad Mizzi, the then energy Minister, and Keith Schembri, Mr Muscat’s chief of staff, were named in the Panama Papers leak as owners of off shore companies.  Both men denied wrong doing. Earlier this year Caruna Galizia claimed documents from a small Malta-based bank showed that Mr Muscat’s wife was the beneficial owner of a company in Panama, and that large sums of money had been moved between the company and bank accounts in Azerbaijan. The couple denied the accusation.  Mr Muscat called – and won – early elections in June as a vote of confidence to counter Caruana Galizia's allegations of corruption. In her last blog post, published just hours before she died, she bemoaned the lack of progress in prosecuting alleged corruption cases.   “There are crooks everywhere you look now. The situation is desperate,” she wrote in the last line.



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