S.J. Quinney College of Law Professor Shima Baradaran Baughman commented on the “panama papers” for NPR’s Marketplace and the website WSWS.org. The paper consists of a 11.5 million confidential documents from the Panamanian corporate service provider Mossack Fonseca that provide detailed information on more than 214,000 offshore companies
Shima Baradaran Baughman, a law Professor University of Utah, College of Law, told Fusion, “Americans can form shell companies right in Wyoming, Delaware or Nevada. They have no need to go to Panama to form a shell company to use for illicit activities.”
Listen to the Marketplace segment »