Forbes Magazine

Abraham Suchar is a 38-year-old Venezuelan who migrated to the U.S. and made good money in the Los Angeles construction boom of the late 1990s before hitting up against the real estate bust in Florida these last couple of years. Meanwhile, his childhood friend Roberto Molko, who married into a prominent Panamanian family, was down in Central America making a killing flipping apartments.

Full text at : http://www.forbes.com/2008/04/20/panama-taxes-monaco-biz-cz_rm_0505panama.html