Massive Leak Exposes Global Off-Shore Economy

Over the weekend, the International Consortium of Investigative Journalists leaked a huge swath of confidential documents from a Panamanian law firm that show how the global elite uses tax havens to hide their wealth.

The new report examines four decades worth of documents and claims to be the "largest leak in offshore history." The report contains information on billionaires, pro athletes, drug cartels, and 140 politicians and public officials. 

Eryn Schornick, policy advisor on the banks and corruption team at Global Witness, an international NGO based in Washington, D.C., examines the so-called Panama Papers.