Note: Watch several news reports under "Resources" below.

1. Define shell companies and offshore accounts.

2. What initially led to the Panama Papers investigation?

3. Who is involved in the Panama Papers scandal? Be specific.

4. a) How does the reporter explain the Panama Papers story?
b) What is significant about those involved, according to the reporter?

5. How did Russian President Vladimir Putin respond to the implication that he is involved?

6. a) What is Mossack Fonseca? Be specific.
b) How did Mossack Fonseca respond to questions?

7. What is the expected outcome of the Panama Papers revelation?