Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here and here, exhibit Bloomberg here, exhibit OCCRP here). To all readers, do the right thing, the honest thing: support independent investigative journalism, help us expose rampant corruption. Note added 28/06/2021: impostors are using this site's former editor's full name, and a fake email address (alek.boyd.arregui@gmail.com) to send copyright infringement claims / take down requests to web hosting companies (exhibit Hostgator). The attempt is yet another effort paid by corrupt thugs to erase information about their criminal activities. Infodio.com has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.

eduardo travieso

Chavista thugs' PR usurp identity for reputation management purposes

Thugs involved in theft of public funds are always trying to whitewash their image. In the case of Venezuela, every last Boligarch 'entrepreneur' portrays himself as the wealthy offspring, or trust fund baby, from some 'rich family'. As if there were any family that has become *that* wealthy *legitimately* since chavismo took power in 1999. A good case study is Derwick Associates. Those thugs have spun some fantastic tales since 2009 about them being scions from ultra high net worth parents.

Eduardo Travieso: The Derwick Associates - JP Morgan Connection

Been trying to get a clearer picture of the involvement of JP Morgan in laundering millions of dollars siphoned out of Venezuela by Derwick Associates. A source recently pointed me in the right direction, and so I found in New York property records' database documents that demonstrate, beyond reasonable doubt, that JP Morgan bankers purchased property -as proxies- on behalf of Derwick Associates, while it also granted a $5.8 million mortgage on said property.

JP Morgan's suspect hiring of Venezuelans [UPDATED]

Forget about Tiny Rowland and his African adventures as imperialist entrepreneur and dealmaker. The unacceptable face of capitalism has morphed into its XXI century iteration: bankers. This meme of bankers as the world’s worst has been appropriated and “occupied” by the Left. And the argument has been set up as one between “capitalism” and the power of the state. It may seem odd for someone like me to bash capitalism and entrepreneurship, but seeing what some “capitalist” bankers and banks are doing these days, I can't help but empathise with the "progressive" trend to paint bankers as the parasites on the world’s productive class.

JP Morgan and Derwick Associates: what's the story?

Now that I have had time to go over the lawsuit filed by Otto Reich against Derwick Associates' "ChavezKids" (aka Bolichicos),  the first thing that caught my eye was to learn about a chap called Eduardo Travieso,  formerly with JP Morgan. I have evidence that Mr Travieso had more than just a professional relationship with Derwick Associates' executives.