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Loophole for All / Paolo Cirio (IT/US)

Photo showing Paolo Cirio (IT/US) at the CyberArts Press Tour.

 

Loophole4All is the outcome of a bold tour de force by Paolo Cirio. He hacked the government website of the Cayman Islands, a Caribbean tax haven, and found out the true identities of 200,000 anonymous offshore letter-box companies there. Cirio followed up his big score as a corporate identity thief by selling shares in these secretive enterprises for as low as 99¢ as a way of collectively hijacking them. The upshot: immediate, massive legal threats from the unmasked tax dodgers and lots of media coverage worldwide.

 

Credit: Florian Voggeneder

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Uploaded on September 4, 2014
Taken on September 4, 2014