'Pandora Papers' reveal 14 world leaders, other elites hiding wealth in tax havens, including South Dakota

Five years ago, a massive leak of documents from a Panama law firm shed light on the widespread, often shady use of tax shelters by wealthy and powerful people around the world. After the "Panama Papers" were released, clients of another politically connected Panama law firm asked that security be strengthened so they weren't similarly exposed. That firm, Alemán, Cordero, Galindo & Lee — or Alcogal — represents one of the largest troves of leaked documents in what the International Consortium of Investigative Journalists (ICIJ) is calling the "Pandora Papers," a bigger, more comprehensive tax haven accounting released Sunday.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.