Ecuadorian President Tied to US RE Named in Pandora Papers

Bisaya News

Ecuadorian President Guillermo Lasso has been linked to U.S. real estate, named in Pandora Papers (Getty)

Ecuadorian President Guillermo Lasso ? who has been linked to around 130 properties in South Florida ? is one of the heads of state named in the Pandora Papers.

The pool of records indicates that Lasso is linked to two trusts established in South Dakota, but does not affect the president?s alleged links to real estate in South Florida.

The July Real Deal reported on Lasso?s alleged links to real estate, mostly condominiums and townhouses, in Miami-Dade and Broward counties. TRD confirmed the data from the Center for Economic and Policy Research, a think tank based in Washington, DC. Records showed that limited liability companies, once run by one of Lasso?s sons and two directors of a Panamanian bank with ties to Lasso, bought the property for around $ 33 million since 2009.

The…

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