Home Daily News Hacked ‘Panama Papers’ law firm shuts down Law Firms By Debra Cassens Weiss Posted March 16, 2018, 11:22 am CDT A Panamanian law firm that got hacked, exposing the files of its wealthy clients, has announced it will shut down at the end of the month. Mossack Fonseca said it was shutting down as a result of “irreversible damage” from the information leak, report the Guardian, the American Lawyer and the International Consortium of Investigative Journalists. The data leak produced worldwide reports about offshore wealth of prominent people and world leaders, including Russian President Vladimir Putin. The firm announced the shutdown on Wednesday. “The reputational deterioration, the media campaign, the financial circus and the unusual actions by certain Panamanian authorities, have occasioned an irreversible damage that necessitates the obligatory ceasing of public operations at the end of the current month,” its statement said. Panamanian prosecutors raided the firm’s offices last month.