Mexico leaks expose massive tax evasion by elites - Poderlatam Chronicle

May 19, 2025 -Infobae reported on Monday thatthe “huachicol fiscal” scheme in Mexico has left “a trail of murders, disappearances, suspicious contracts and a complex web of institutional protection.”· “… This [scheme] operates with [phony] ...

June 9, 2020 -The president, a leftist, runs a tight budget and has promised no new taxes for three years. Instead he wants to increase revenue through more efficient collection and has threatened to expose15 companies he says owe a total of $2 billion.

October 17, 2019 -Mexico’s elite are quaking afterleftist lawmakers passed a new law that makes tax evasion a type of organized crime that could justify the seizure of assets even before judges rule on the validity of charges.

October 24, 2025 -“Tax havens are one of the key engines of the rise in global inequality,” he said. “As inequality rises, offshore tax evasion is becoming an elite sport.”

October 25, 2022 -The financial secrets of heads of state, athletes, billionaires and drug lords have been exposed in the latest, and biggest ever, leak of records from an offshore tax haven.

January 28, 2020 -The Paradise Papers have once again highlighted how the world's wealthy elite skirt paying taxes, whether legally or illegally. DW takes a look at some of the the biggest tax-related data leaks in recent history.

March 6, 2026 -According to Transparency International UK, the leaks demonstrated that “this is not a fundamentally benign system that has been eroded at the edges by a few criminals” but “a system with deeply-ingrained criminality that is now operated in the interests of the world’s corrupt elite.”

May 12, 2016 -SAT chief Aristoteles Nunez said last month thatauthorities were investigating 33 people mentioned in the "Panama Papers" for possible tax evasion or financial crimes. In a statement earlier this week, SAT said it would also probe people and ...

February 2, 2023 -Such wealth of data and insight has allowed appreciating how the tax evasion network is not separated from the financial flows that link major world cities but rather functions as a sort of undercover counterpart to the visible transactions [36]. Moreover, global financial elites are characterized by complex patterns of coownership of offshore assets which can constrain the discretionary power of local dictatorships in the enforcement of property rights [37]. Secret offshore vehicles are used by hundreds of listed companies to fund corruption, avoid taxation, and even expropriate shareholders [38]. And finally, the tax evasion network functions as an all-purpose financial highway where legal and suspicious entities are intertwined [39].