The Panamanian law firm under international scrutiny for helping wealthy people avoid tax has a British offshoot with a former Hasmonean High School pupil as a director.
Emmanuel Cohen was revealed by the Times to be one of the directors of Mossack Fonseca & Co (UK) based in Hitchin, North Hertfordshire.
A retired property mogul almost lost out on a £5.5 million tax break — because of his wife’s “great cooking”.
James Glyn insisted he was resident in Monaco when he received a £29 million dividend from selling off his family property portfolio.
One of the potentially positive consequences of the economic slump and long period of turmoil in financial markets is that it has led to a broad public debate about the morality of free market capitalism.