 They built a global group of 600 employees and 46 subsidiaries, across countries including the Bahamas, the British Virgin Islands, Hong Kong, Switzerland, Jersey, Luxembourg, and the US, specifically the states of Wyoming, Florida, and Nevada.In March 2018, the firm shut down in the wake of its involvement in the Panama Papers affair.Mossack served on Conarex, Panama’s council on foreign relations, from 2009 to 2014.