08 Mar 2021
By Will Fitzgibbon, ICIJ, 5 March 2021
The unexpected guilty plea by Joachim Alexander von der Goltz was revealed by a federal court order in the Southern District of New York on Thursday.
For 16 years, Joachim Alexander von der Goltz and others attempted to evade paying U.S. taxes, according to prosecutors. In 2003, von der Goltz sent an email with identification information from Guatemala “in an effort to conceal the United States residence of the beneficial owner” of an offshore shell company, prosecutors said.
In 2016, when questioned by U.S. officials after the release of the Panama Papers investigation, von der Goltz falsely claimed that he was unaware of the requirement to report a foreign bank account.
Von der Goltz pleaded guilty in December 2019 to conspiracy to commit tax evasion, fraud and submitting false documents. He has already repaid the government more than $230,000.
Von der Goltz’s guilty plea is the third since U.S. officials launched an investigation on the heels of the 2016 Panama papers investigation, which was led by the International Consortium of Investigative Journalists and Süddeutsche Zeitung. In December 2018, prosecutors announced charges against Harald Joachim von der Goltz, his accountant Dick Gaffey, and former attorneys with the Panama-based law firm Mossack Fonseca, Dirk Brauer and Ramses Owens. The attorneys remain wanted.
Files from the Panama Papers show that Joachim Alexander von der Goltz was the director of the Panama company, Brecknock Corporation. He wrote to Mossack Fonseca with an address at the Massachusetts company, Boston Capital Ventures. The law firm referred to him internally as “Baron,” according to emails.
Read more at the International Consortium of Investigative Journalists
RiskScreen: Eliminating Financial Crime with Smart Technology
Count this content towards your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet