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The two founders of Panamanian law firm Mossack Fonseca have been arrested. 

Panama's Attorney General Kenia Porcell told reporters that information collected so far allegedly identifies the Panamanian firm as a criminal organization that is dedicated to hiding assets or money from suspicious origins. 

Porcell said the one-year investigation that led to the arrests has been aided by prosecutors in Brazil, Peru, Ecuador, Colombia, Switzerland and the United States.

Mossack Fonseca is also at the center of a separate case known as the Panama Papers.

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