Panama Papers: Peru Officials Confiscate Documents in Local Office of Mossack Fonseca

In the midst of investigations on Panama Papers, Peru officials seized accounting documents in a local office of Panama-based law firm, Mossack Fonseca. The raid was aimed at collecting evidences of probable fraud and tax evasion that helped the rich and prominent personalities around the world hide their assets and established tax havens.

According to GMA Network, a team of 20 Peru tax officers arrived at Mossack Fonseca office and collected its pertinent documents that would validate the authenticity of the Panama Papers. A group of police officers was also seen standing and holding shields in San Isidro, Lima's financial district.  Monica de Ycaza, the company's representative, claimed that she was collaborating with the investigators during the search.

In a separate report of Business Standard, a group of Panamanian prosecutors visited Mossack to check the firm's system. They were looking into the possibility if a computer hacker was behind the Panama Paper's leakage. Sandra Sotillo, the Public Ministry spokeswoman said that the law firm was visited by investigators from the intellectual property prosecutor's office. "Finally the real criminals are being investigated," firm co-founder Ramon Fonseca said in a message to The Associated Press.

Meanwhile, Grey Hat Security researchers found that there was a flaw in the security system of Mossack. As reported by The Register, a self-styled underground researcher reportedly discovered a SQL injection flaw in one of the computer systems of Mossack's lawyers. One of the security intelligence said that the Panama Papers firm had very low security level that made hackers gained its entry easier.

"They updated the new payment CMS, but forgot to lock the directory /onion/," the researcher said.

Mossack is at the center of worldwide investigation following Panama Papers leakage that involved huge names in the alleged tax havens. The company has maintained claims that they were innocent on the issue. The Panama government has declared that it is going to do further investigations on the Panama Papers. Panama President Juan Carlos Varela who has high expectations in the country's financial sector said that he's willing to make amendments to make tit more transparent.

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Panama Papers, panama papers leak, panama papers scandal, panama papers investigation, Mossack Fonseca, Mossack Fonseca raid

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