Ramon Fonseca, Central Figure in Panama Papers Scandal, Dies Amid Trial
The co-founder of Mossack Fonseca, implicated in a massive global financial scandal, passed away while facing charges of money laundering.
- Ramon Fonseca, 71, died in a Panama City hospital, confirmed by his lawyer.
- Fonseca was awaiting a court verdict in a high-profile money laundering case linked to the Panama Papers leak.
- The Panama Papers exposed widespread use of offshore entities to conceal wealth, involving global elites.
- Fonseca’s law firm, Mossack Fonseca, was forced to shut down in 2018 due to the scandal's fallout.
- Prosecutors had sought a 12-year prison term for Fonseca and his business partner, Jürgen Mossack.