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HACK ATTACK

Bermuda cyber hack sees Britain’s wealthiest tax avoiders risk being exposed

Some tax dodging super-rich understood to be instructing lawyers and public relations firms to ensure damage limitation to their reputations

WEALTHY tax avoiders are braced for their financial details to be leaked - after a leading offshore firm claimed it had been hacked.

Bermuda-based law firm Appleby has warned its super-rich clients that they could be implicated in the huge leak of highly sensitive information following a "data security incident" last year.

 The company's head office is based in the British-island territory of Bermuda
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The company's head office is based in the British-island territory of BermudaCredit: Getty - Contributor
bermuda
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The island of Bermuda is at the centre of a cyber incident that may result in super-rich clients' personal information being leaked

Some of Britain’s wealthiest people were understood to be instructing lawyers and public relations firms last night to ensure damage limitation to their reputations, reported.

Appleby, which also has offices in the British Virgin Islands, the Cayman Islands, Guernsey, the Isle of Man, Jersey, Mauritius and the Seychelles, denied any wrongdoing.

The firm issued a statement after it was contacted by a group of investigative journalists probing allegations concerning its ";business and the business conducted by some of our clients".

Appleby said it had taken the allegations "extremely seriously" and after investigating the claims itself concluded "there is no evidence of any wrongdoing, either on the part of ourselves or our clients".

 Appleby's head office in Hamilton, Bermuda. It is thought that information from the hack will be leaked in left wing media outlets around the world in the next few days
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Appleby's head office in Hamilton, Bermuda. It is thought that information from the hack will be leaked in left wing media outlets around the world in the next few days

It is thought that information from the hack will be leaked in left wing media outlets across the globe over the coming days.

A statement from Appleby said: "We are an offshore law firm who advises clients on legitimate and lawful ways to conduct their business.

“We do not tolerate illegal behaviour. It is true that we are not infallible.

"Where we find that mistakes have happened, we act quickly to put things right and we make the necessary notifications to the relevant authorities.

Cyber crime is on the rise and can affect billions worldwide
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The mega rich's sensitive information may at risk after the leading offshore law firm Appleby was hackedCredit: Reuters

"We are committed to protecting our clients' data and we have reviewed our cyber security and data access arrangements following a data security incident last year which involved some of our data being compromised.

“These arrangements were reviewed and tested by a leading IT forensics team and we are confident that our data integrity is secure.”

The data leak comes a year after the “Panama Papers” release - which exposed some of the world’s wealthiest tax evaders - including close associates of Russian President Vladimir Putin, Chinese leader Xi Jinping’s relatives and Barcelona star Lionel Messi.

President Xi Jinping announced the plans earlier this year
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Close associates of Chinese president Xi Jinping were named in the 'Panama Papers' hackCredit: Getty Images
Putin has angrily denied accusations the Kremlin tried to rig the US election
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Secret off-shore deals and loans worth £2billion made members of Russian Premier Vladimir Putin’s inner circle super-rich, according to the Panama papersCredit: AP:Associated Press
 Lionel Messi was one of the celebrities who was exposed by the Panama Papers
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Lionel Messi was one of the celebrities who was exposed by the Panama PapersCredit: AFP or licensors

The revelations came after 11.5million documents were stolen and leaked from Mossack Fonseca, the world's fourth biggest offshore law firm.

Lord Ashcroft, Baroness Pamela Sharples and former Tory MP Michael Mates were among the British politicians named.

The files claimed to show how secret off-shore deals and loans worth £2billion made members of Vladimir Putin’s inner circle super-rich.

They also referred to secret off-shore companies linked to the families of Egypt’s former President Hosni Mubarak, Libya’s ex-leader Muammar Gaddafi and Syria’s President Bashar al-Assad.

Panama Papers: How the richest hide their money