The website of the Mossack Fonseca law firm is pictured through a large format lens in Bad Honnef, Germany April 4, 2016. REUTERS/Wolfgang Rattay
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Mossack Fonseca, the Panama-based law firm at the heart of the "Panama Papers" scandal, is a discreet outfit with a roster of big-name clients and a quiet reputation for hiding money from the tax man.The revelation detailing the off-shore structures of many wealthy clients is a "crime" and an "attack" on Panama, the law firm maintains.Juergen Mossack, one of the two lawyers who founded the firm more than three decades ago, was born in Germany in 1948 and moved to Panama with his family, where he obtained his law degree.According to the ICIJ, by 2001 the firm was earning so much from its off-shore registrations on the island it was contributing 80 percent to Niue's annual budget.
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