Co-founder of Firm in Panama Papers Scandal, Ramon Fonseca, Passes Away

Co-founder of Firm in Panama Papers Scandal, Ramon Fonseca, Passes Away

Ramon Fonseca, co-founder of the now-closed law firm involved in the Panama Papers scandal, passed away in hospital overnight, as confirmed by his lawyer to Reuters on Thursday morning.

“He had been hospitalized since the start of April,” Fonseca’s lawyer Guillermina McDonald said, though she did not disclose the reason for his hospitalization.

“Because of this, he was not able to attend the hearing,” McDonald added, referring to a court proceeding in early April that assessed Fonseca’s alleged involvement, along with about twenty others, in money laundering. A verdict and sentence in the case are pending.

Fonseca’s niece Carolina Fonseca expressed her sentiments on X: “His presence and his fascinating theories accompanied us on this platform. Rest in peace, dear uncle, you will always live in our hearts.”

McDonald did not provide information about the funeral arrangements.

Mossack Fonseca, Fonseca’s law firm, gained notoriety in 2016 when leaked confidential documents revealed accounts held in tax havens associated with individuals such as Argentine president Mauricio Macri, Ukrainian President Volodymyr Zelenskiy, and Argentine football star Lionel Messi.

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