Panama Papers

===Client services===
Mossack Fonseca is one of the biggest in its field and the biggest financial institutions refer customers to it.<ref name="Guardian: how the rich" /> Its services to clients include incorporating and operating shell companies in friendly jurisdictions on their behalf.<ref name="to know">{{Cite news |url=https://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers |title=The Panama Papers: what you need to know |last=Harding |first=Luke |date=April 3, 2016 |newspaper=The Guardian |language=en |issn=0261-3077|access-date= April 4, 2016|archive-url=https://web.archive.org/web/20160404234544/http://www.theguardian.com/news/2016/apr/03/what-you-need-to-know-about-the-panama-papers|url-status=live |archive-date=April 4, 2016}}</ref> They can include creating "complex shell company structures" that, while legal, also allow the firm's clients "to operate behind an often impenetrable wall of secrecy".<ref name="ABC explainer">{{cite news |url=http://www.abc.net.au/news/2016-04-04/explained-what-are-the-leaked-mossack-fonseca-panama-papers/7270690 |title=Panama Papers and Mossack Fonseca explained |work=Australian Broadcasting CORP |date=April 4, 2016 |access-date=April 4, 2016 |url-status=live |archive-url=https://web.archive.org/web/20160403221652/http://www.abc.net.au/news/2016-04-04/explained-what-are-the-leaked-mossack-fonseca-panama-papers/7270690 |archive-date=April 3, 2016 }}</ref> The leaked papers detail some of their intricate, multilevel, and [[multinational corporation|multinational]] corporate structures.<ref name=SSRN>{{Cite web|last=Chohan|first=Usman W.|date=April 6, 2016|title=The Panama Papers and Tax Morality|url=https://papers.ssrn.com/abstract=2759418|language=en|location=Rochester, NY|doi=10.2139/ssrn.2759418 |ssrn=2759418 |s2cid=156926882 }}</ref> Mossack Fonseca has acted with global consultancy partners like [[Emirates NBD#Emirates NBD Group Companies|Emirates Asset Management Ltd]], Ryan Mohanlal Ltd, Sun Hedge Invest and Blue Capital Ltd on behalf of more than 300,000 companies, most of them registered in the [[British Overseas Territories]].

Leaked documents also indicate that the firm would also backdate documents on request and, based on a 2007 exchange of emails in the leaked documents, it did so routinely enough to establish a price structure: $8.75 per month in the past.<ref name=backdate>{{cite news |url=http://www.abc.net.au/news/2016-04-04/unprecedented-leak-of-offshore-financial-records-exposes-secrets/7293524 |title=Panama Papers: Vladimir Putin associates, Jackie Chan identified in unprecedented leak of offshore financial records |date=April 4, 2016 |access-date=April 18, 2016 |publisher=ABC News online |url-status=live |archive-url=https://web.archive.org/web/20160417173225/http://www.abc.net.au/news/2016-04-04/unprecedented-leak-of-offshore-financial-records-exposes-secrets/7293524 |archive-date=April 17, 2016 }}</ref> In 2008, Mossack Fonseca hired a 90-year-old British man to pretend to be the owner of the offshore company of Marianna Olszewski, a US businesswoman, "a blatant breach of anti-money laundering rules" according to the BBC.<ref name=BBCPanama>{{cite news |last=Bilton |first=Richard |url=https://www.bbc.co.uk/news/35956324 |title=Panama Papers: How a British man, 90, covered for a US millionaire |work=BBC News |date=April 4, 2016 |access-date=April 4, 2016 |url-status=live |archive-url=https://web.archive.org/web/20160404082143/http://www.bbc.co.uk/news/35956324 |archive-date=April 4, 2016 }}</ref>