Dec 4, 2018

Four charged in Panama Papers investigation

Manhattan U.S. Attorney General Geoffrey Berman. Photo: Aaron P. Bernstein/Getty Images

The Southern District of New York has charged four people in the Panama Papers investigation with wire fraud, tax fraud, money laundering and other offenses in connection to their roles with the scheme, Adam Klasfeld of Courthouse News reports.

Details: Ramses Owens, Dirk Brauer, Richard Gaffey and Harald Joachim Von Der Goltz are being charged by the state attorney's office, and three of the four defendants have been arrested. Manhattan U.S. Attorney General Geoffrey Berman said the defendants went through "extraordinary lengths to circumvent U.S. tax laws" and each face years in prison for their crimes.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 6 hours ago - Health

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.