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What's happening?
Recently, there was leaked to the public the backseat dealings with the mega-wealthy, politicians, corporations, and offshore structures. These Documents show tax evasions, arms dealings, war crimes, sex trafficking and more among the secret lives of the powerful.
How big is the Leak?
2.6 Terabytes of Information has been leaked to the public. (1 Terabyte = 100 Gigabytes). This is larger than the Wikileaks US Diplomatic Cables and the PRISM documents leaked by Edward Snowden.
Who is tied to this leak?
Dictators, Politicians, and even the David Cameron's father are tied to this leak. Mossack Fonseco is connected to war crimes and petty dealings with tons of power players around the world. Here is a website explaining the connections.
https://projects.icij.org/panama-papers/power-players/index.html
Who is Mossack Fonseca?
Mossack Fonseca is the 4th largest offshore firm that is tied to these leaks. It has ties to over thousands of Corporations who have avoided taxes and committed war crimes on tax paying citizens.
gaggingforit
This is at least a year old...no rioting no punishments..nothing will change even now and thats the real crime
zamalek1
1000 GB is a Terrabyte (ok 1024 but you know)
flatuslifir
Related post: /a/gCLrX
MasterofNoneSon
THIS! This is the purpose of the media to expose shit like this!
jinky74
Not when these people own the media.
GlowGreen
The David Cameron
Ilovesmitty894evr
Alex Jones is gonna bust a nutt
lynnefhyn
You mean the prime minister. And no, I doubt it, afaik he didn't do anything illegal, only immoral. Though I want an answer to the 1/?
artvan
It really bothers me that the collage featuring the majority of about 55 faces actually only has 17 unique images in it.
CPatricoo
The problem with huge information dumps is the lack of control over it when released. You need to slow feed or else you let media summerize.
zma123456
Very Interesting read. Sadly none of these assholes will face justice. And just in a day or so everyone will forget
SomthingSnarky
They just needed to free up a couple of TB for their porn collection
Felman
I wonder what fetishes those wealthy corps are into
speedyvt
This is like one of them convoluted conspiracy theory movies.
ireadyouremailz
Putin have at least 2billion bucks stored through that. am i even surprised? yes, i'm surprised we're acting surprised.
d0o0o0d
I would be very surprised if all Putin had stashed was 2 Billion.
EvaKova
His fortune was estimated in 2010, it's around $40 Billion or more
insomniac24x7
So I was always wondering what will actually set of WW3
ParanoidWithGoodCause
Russia and China fighting over the scraps of the US after alternative energy devalues middleeastern oil the last thing holding up the dollar
SciGuy
The US doesn't care about the "petrodollar". Asaad was literally forbidden from selling in dollars ~2000
ParanoidWithGoodCause
the "petrodollar" was the reason Iraq had "WMDs" after they started accepting Euros. stopping that was what the new government did first.
SciGuy
America literally made them stop using dollars.
pocketrocketgroundcontrol
why is there a big picture of putin at the top? his name is not on those lists.
BustyCrustacean
But people very close to him are
boovish
That doesn't actually mean he's a part of it. The reason theres no dirt on him is because he'll just come out full force on something
zaphod
Hillary Clinton must be making a list of who to ask for donations to her 'charity'
lr5123
Excuse me, but I prefer small loans of a million dollars, if you wouldn't mind.
mrpotatodick
You mean corporate bigwigs and the mega wealthy and politicians do illegal things and don't pay taxes? Tell us something we don't know.
Shovi
And now you have proof of them doing illegal things, go do something about it and don't try to put others down.
eroso
We are the ones who enable it unless we change our consume/voting behavior accordingly.
wobbu
Sure let me just read through 2.6 terabytes of documents before consuming anything
eroso
Journalists are doing that work for you.
DarthCiD
Erm...1 TB is not 100 GB
thedeadliestsnatch
A terabyte is 1000 gigabytes
DontKnowCantCare
Is there a reason they had no dirt on American politicains?
fouristhenewtwo
Time to fess up- I snuck into a Motley Crüe concert back in '82. Not proud of it but better to be out ahead of this thing
Evellia
I once picked up a fake flower bit from the floor of the fake flower section of hobby lobby and took it home with me for my polly pockets.
socksinmycrocs
I got too much change back at a subway once. And didn't say anything. Sorry
xaviouswolffe
I once stayed awake during nap time in kindergarten.
mynameisfatmike
I broke my mom's favorite vase with a rubberband gun when I was six...I've never forgiven myself
ErbilTheGerbil
I tried to throw a rock on the roof and accidentally broke the window. I said an owl did it. Should I be concerned?
WHYDONTIREMEMBERMYPASSWORD
Question is, now what ? Do you think all these mega wealthy people will be punished? We couldn't even flex on HSBC for their bs.
tivvybrixx
Hi from the future we did nothing
Renza0
As an American, no, I don't think a single one of these people will face any remotely legit form of punishment, especially any in the US.
cptkipard
Stay in your home. Watch Netflix.
LEGALINSCCCA
Well said sir/madam.
ThisIsGod
I...I think I'm capable of doing that. Do I have to go to work...or...
Magilla1928
This is the most dangerous sentiment that exists.
WHYDONTIREMEMBERMYPASSWORD
Was going to go down to the Winchester and have myself a pint.
Diezen
And wait for it all to blow over.
BeefyDarkness
The instructions were clear!
CompressedInfo
Many of these people are autocrats and monarchs. While their thefts may be illegal, they are in control of the courts in their countries
whyteraven74
But the banks their money is in are in other countries, which can freeze their assets.
eroso
Revolutions are a thing.
MrToego
Depends if the people care enough to start one and how successful would it be.
tOWERoFjOY
Yeah really, it's not exactly the Boston massacre here
eroso
This is not enough by itself. It's a pile of stuff and it has a tipping point that stuff like this push closer to happening.
DoctorCatDog
HSBC was fined 2.9BILLION and Dodd-Frank was enacted to put regulations in place to prevent it happening again. GOP blocking implementation
TheThirdKindofHeat
Hopefully when confronted with something of this magnitude people will be inspired to really pressure their respective legislative bodies >
TheThirdKindofHeat
to enact real, meaningful reform. And if any of them have broken the laws, to see them prosecuted.
ParanoidWithGoodCause
where they will put themselves on trial and then find themselves innocent of all charges.
WHYDONTIREMEMBERMYPASSWORD
The same legislative bodies that are bought by the same guilty parties?
yazzer461
We bring in the Punisher. Or Gods Among Us Superman. Either will do, albeit, Superman just a tad faster.
Thundersroar
Punisher is a bit more effective though, at least in the long run. He'll make sure they'll never do it again.
Unwonted
But will these people be punished? Doubt it. They're just going to get better at hiding their stuff.
whyteraven74
There's a fundamental limit to how well you can hide stuff and get away with it. These people reached that limit.
LEGALINSCCCA
When you say that, you de-inspire people to protest. Fight back man, even in little ways.
SudoNimm
I mean, he's right. Look at the banking debacle that lead to the recession: 1 person went to jail. Then laws got passed to protect them more
LEGALINSCCCA
And that will keep happening if the above guys attitude is common. In fact, that's why we're here. No one wanted to stand up.
SchmuseTigger
Creating a shell company is legal. Using it to move money so you don't have to pay taxes is illegal. So having one is ok
SchmuseTigger
And yes the Gouvernement tax arms of the countries will (or will not) investigate. So don't expect too much out of this..
cptkipard
Remain indoors.
The1FluffyPanda
Exactly, unless some crazy revolution were to happen I doubt this'll even hurt their image
cptkipard
It's not going to be crazy. It'll be peaceful. It's already begun.
eroso
It's up to us too. Corporates need consumers to profit and politicians need people to get votes.
swooper
Punished? Maybe not, but if the PM of Iceland doesn't resign before 5pm tomorrow, there's going to be a revolution over here.
eroso
Lionel Messi and Jackie Chan were among these caught people. (btw. that company is only the 4th largest)
Felman
Sounds like Chan is in quite a Messi....I'm sorry. That was terrible
Alozar
Yea, but there's no evidence Chan was doing anything bad with his companies. Not sure about Messi.
eroso
This is fresh news, no one has yet been found guilty or not guilty.
Alozar
Let me rephrase then, nothing necessarily "shifty". People have been found doing shifty thing with this info so far.
eroso
y, not everything a scum company does is illegal. Tho hiding funds from taxes isn't often seen in good light even if it's done legally.
Alozar
Which is why I said shifty, not illegal.
theaterofdreams
2.6 TB's of documents is insane. There must be a ton of dirt
throughthoughtthough
And porn
CharlieKellyFullOnRapist
Goes back to 1977 sooo...yeah, lots of dirt.
BeefyDarkness
At minimum 10 dirts
throughthoughtthough
About three fiddy dirts
MRWIRealiseYouCanChangeUsernames
We've officially found the fulcrum
TheFogComesOnLittleCatFeet
It's about time. The curious part is what We The People do with it.
damien309
A whole lot a nothing!
CirB
In Finland some of our institutions and people involved are already in full damage control mode,even though there are no names released yet.
CirB
You can pretty much tell who is involved from the press releases denying their involvement.
TheFogComesOnLittleCatFeet
Buckle up, the US portion of this scandal is yet to be released.
TheGhostofElizabethShue
Well this is going to make the election very interesting.
1sttimecaller
I wondered where the US names were.
TheFogComesOnLittleCatFeet
It's going to be glorious. Proof of what we know is true. I'm guessing we're going to learn a bit about the Clintons, the Bushs, and Trump.
Goronhead
75% of it is "Bush did 9/11". The other 25% is "Ted Cruz is the Zodiac Killer".
1sttimecaller
I am sure you're right!
Renza0
I'm less concerned with who, and more interested in whether anything is actually going to be done about it.
aromaticfable
Plot Twist....Bernie Sanders is the biggest war profiteer/criminal ever.He enjoys an immediate surge in votes, as "Hell, that's impressive."
DoctorGrant
100 different papers published this at the same time to protect the journalists from "accidents"...shit is about to go down
TheFogComesOnLittleCatFeet
Also watch for fast-acting pancreatic caner and flight crashes.
woodjoiner
Watch out for reporters getting into single car accidents. Remember that modern cars are hackable and can be remotely controlled.
CharlieKellyFullOnRapist
True. It happened to Michael Hastings after he exposed Gen. Mcchrystal http://nymag.com/news/features/michael-hastings-2013-11/ scary shit
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dustySoda
http://www.businessinsider.com/the-most-hackable-cars-on-the-road-today-2015-8
TheGreatBetrayal
I sense something might go down. Commenting for later.
dustySoda
http://www.wired.com/2015/07/hackers-remotely-kill-jeep-highway/
whyteraven74
If any of those documents are spreadsheets/account records, oh yeah the manure is going to hit the oscillating air circulation device.
MikkoAN1
Splitting hairs, but contract bibles are not uncommonly stored as PDFs and a relatively simple document on a legit deal can go up to GBs.
Renza0
if a PDF gets up to GBs, thats a massive fucking document or there's some fuckery going on with the data itself.
MikkoAN1
Not really, lots of assistants scan them in as photocopies and even splitting them into several parts for emailing becomes an effort.
Renza0
is the photocopier some manner of electron microscope? most don't pad the data in such a ridiculous fashion as you're suggesting.
MikkoAN1
Poor scanning/compression software, maybe, or wrong scanning setting - I dunno, I'm just the guy using the files.
CornCob
Isn't 1 terabyte actually 1000 gigabytes?
MIKKELxAF
Yes. Yes it is
CaptainDameron
Yep - OP missed a decimal place
vidiv
It is. However, there's also Kibi, Mebi, Gibi and Tebibytes, which increase by the 1024.
sgv1
I hate these idiots who don't realize that the post said 100 and they think you're talking about 1000 vs 1024
FuzzyPixel
what's it like, being 12?
koflan
Wow
Blinkordeath182
.....what?
temujin9
Jarjarthejedi
Yes. It's still commonly taught as 1024 gigabytes but the binary SI units were redefined in 1997, so that would be a Tebibyte
illegalacorn
but nobody uses SI except the manufacturers
mikeoc61
Not sure if this helps but I checked your math and my computer says "Network Connectivity Problems".
Jarjarthejedi
Source - http://physics.nist.gov/cuu/Units/binary.html
kraeftig
Why is today the first year I've heard of this? I feel betrayed, and it explains why I keep seeing things that are 1000 not 1024, I thought
mozeeon
Doot
kraeftig
It was just "good enough" laziness on marketing behavior
ImSureIHaveAnAccount
Uh.... The post didn't say 1024. It said 100.
Jarjarthejedi
Yeah, but half of the other comments are saying 1024, so figured I'd address that :)
Alozar
Yea, the post is wrong.
ImSureIHaveAnAccount
Wow, really? I was just pointing out that it's not the standard 1024/1000 debate, the post is just objectively wrong.
MyName4Wine
Here's your answer https://www.reddit.com/r/explainlikeimfive/comments/3045u3/eli5_why_1_gb_1024_mb_not_1000_mb/
BananaBro
yes but usually it only translates to like 930 GB of useable space once formatted
conniecpu
That's because hard drive makers use the SI units, but your OS displays the 1024 version. 930GB ~= 1,000,000,000,000 bytes
ChesterChihuahua
and then people blame windows for stealing their storage space
OrionRed
Are we sure this isn't just a Tom Clancy novel being leaked?
SnapYes
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SabonVous
I'm up to bear and the dragon, should i keep going?
[deleted]
[deleted]
SabonVous
I'll keep going then.
C0mtraya
Tom Clancy died and his books became real! D:
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HeartbreakOne
2 wrote about military actions that were incredibly similar to actual military plans in case of cold war going hot.
HeartbreakOne
He was always really good at predicting how things would go down if it got that far. CIA questioned him after red storm rising because he
P1papaul
Oh how I wish this could change things in this world of greed and exploitation. It's just hard to believe that it will.
boxmeister
It's hard to believe it's even happening until it's presented to you
P1papaul
well at least I am poised to believe that there will be some rich people right now who crap their pants in anticipation.
cptkipard
Yes. Return to your television. Action Movie no. 4674 is on right now.
eroso
You are a consumer. You vote for different corporates just about every time you buy something. Use ur power and boycott greedy ones.
Crepussulmare
What a time to be alive, where the mega rich networks are getting exposed by networks of the internet
RonMimnaugh
I have a hard time believing that there are no US people in that list
EtidorhpaGanesh
Apparently that is to come. I'm hella sleepy and cant be bothered to sauce, it was on the live update via reddit, check it outtt
eroso
Mossack Fonseca was mainly used by European banks, US didn't even make the top10 of the countries with most active intermediaries.
eroso
Sauce: https://panamapapers.icij.org/graphs/ - two bottom graphs on right side
eroso
*European and Hong Kong/China. Some powerful chinese families in power were also caught.
IAmThePermabannedAccountOfMyNameIsMrTorgue
Absolutely censored. This isn't a leak, it's propaganda.
tOWERoFjOY
We do our money laundering in the Caribbean
steikewaffel
it's because it's them who payed the hackers ;) Get rid of the competition, right?
whyteraven74
It appears everything hasn't leaked yet, seems to be going from least to most interesting.