The Latest: Attorney says his client will be vindicated

AP

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NEW YORK (AP) The Latest on charges in the Panama Papers investigation (all times local):

7:30 p.m.

An attorney for one of the four men charged in an international tax scheme related to the so-called Panama Papers says his client will be vindicated at trial.

Jeffrey Neiman represents Harald Joachim Von Der Goltz, of Germany, who is accused of evading taxes in part by concealing his ownership of certain shell companies and bank accounts from the IRS.

Neiman called the indictment "a desperate attempt to salvage an American case out of the Panama Papers."

The 11-count indictment unsealed Tuesday is the first U.S. prosecution to stem from the scandal and includes charges of conspiracy, wire fraud, tax evasion and money laundering.

Prosecutors say a global law firm based in Panama conspired to circumvent U.S. tax laws to maintain their own wealth and that of their clients.

___

6 p.m.

Federal authorities in New York say four men have been charged in an international tax scheme related to the so-called Panama Papers.

The 11-count indictment unsealed Tuesday is the first U.S. prosecution to stem from the scandal and includes charges of conspiracy, wire fraud, tax evasion and money laundering.

Two Germans, one American and one Panamanian citizen were charged. It was not immediately clear whether they had defense attorneys.

Prosecutors say a global law firm based in Panama conspired to circumvent U.S. tax laws to maintain their own wealth and that of their clients.

They say the scheme dates to 2000 and involved sham foundations and shell companies in Panama, Hong Kong and the British Virgin Islands. The accounts allegedly were intended to conceal tax dollars owed to the IRS.

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