Mossack Fonseca is the fourth largest offshore firm in the world. Recently, the firm's database was hacked and extensive details were leaked about investors with offshore accounts. The leaked information is being referred to as The Panama Papers, and the papers provide an unprecedented glimpse into how money moves around the globe. 

Recently, a secretive law firm in Panama with a long history of representing some of the world's most powerful and wealthy people had its records leaked. More than 11 million records were released. These records are being called the Panama Papers and they are being reviewed by 107 different media organizations spread across 76 countries. They are likely also being subject to close scrutiny by taxing authorities within multiple countries worldwide.