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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.
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