Who's Using South Dakota as a Tax Haven for Foreign Wealth? | Pandora Papers | FRONTLINE

Summary

This analysis explores the growth of South Dakota as a global hub for secretive trusts, highlighting its appeal to individuals accused of fraud and human rights abuses seeking to hide assets from home country authorities and victims. The practical takeaway is the potential for the U.S. to become a haven for illicit wealth due to legislative efforts that prioritize financial industry growth over robust oversight.