It doesn't look pretty for Derwick Associates. Not pretty at all. Readers may recall that former U.S. President's Special Envoy for the Western Hemisphere, Otto Reich, filed a RICO lawsuit against Leopoldo Alejandro Betancourt Lopez, Pedro Trebbau Lopez and Francisco D'Agostino (of Derwick Associates's fame) in New York in July last year. When reading the claim the first time I thought "this is a looong shot..." As perhaps the blogger who's written more about Derwick Associates, I saw there were a number of claims that were very odd, not least of which that Francisco D'Agostino, a Bolichico in his own right connected to Boligarch-in-chief Victor Vargas, was part of Derwick Associates. I have gotten all registry documents related to Derwick Associates, in USA, Venezuela, Panama, Barbados, Spain and nowhere had I seen D'Agostino's name mentioned. Now in an amended claim filed yesterday, Reich argues that D'Agostino has been actively doing Derwick's bidding, and has information that only someone with intimate knowledge of Derwick's operations could have access to. Namely, D'Agostino got in touch with a "Forbes writer", to whom he sent "several text messages" and made "telephone calls", after "at least a decade" of not talking/seeing each other, and "attempted to dissuade the Forbes writer from publishing the piece" about Derwick Associates in which he was meant to be working on. The "Forbes writer" was contacted by D'Agostino, after the former had sent an email to ProEnergy Services (most probably Derwick's main and most important subcontractor) asking about its work in Venezuela and relation with Derwick. Further, D'Agostino, Reich claims, offered the "Forbes writer" Derwick's financials, contracts with the Venezuelan government and with ProEnergy Services. Now, how on earth could D'Agostino have that information, if he is not a part of Derwick Associates?
But things get more interesting. D'Agostino invited the "Forbes writer" to dinner in L.A. and offered to bring Leopoldo Alejandro Betancourt Lopez (Derwick's main man) along. Interesting, eh? A man who claims to have nothing to do with Derwick, calls a "childhood" friend, who he has not seen or spoken to in "at least a decade", and offers to reveal confidential information about Derwick, and bring Derwick's CEO to a meeting, only after this friend of his started making enquiries, as a "Forbes writer", to Derwick's main U.S. partner ProEnergy Services. Why? Mind you, if what Reich's claim is true, how will D'Agostino explain his interest in preventing publication of an article about Derwick's overprice scandal in Venezuela?
But then, the amended claim fingers FTI Consulting and Sunset Reputation for "conduct[ing] investigative-type... and reputation management" services. Readers of this site are well aware of FTI and its long time relations with the worse scum of Venezuela, but Sunset Reputation, apparently Brandon Hopkins' one-man operation, has been pumping out a lot of benign PR BS on behalf of Derwick.
Derwick Associates has also retained Volkov Group, a lobbying firm headed by Michael Volkov who blogs, wait for it, "corruption, crime and compliance". What a f%$£ joke this is.
And guess who has made an appearance in all this imbroglio? David Osio and his "bank", as well as RaFa the hacker. It's all one big, happy, thuggish, Boliburgeoise family, being helped in its criminal enterprise by none other than JP Morgan.
Hilary Kramer and her stupid white wash attempt also got a mention.
In previous communications related to the lawsuit, Derwick has claimed that New York courts haven't got jurisdiction over its affairs. However, in what can prove to be a lethal counter argument, Reich is showing that the bolichicos filed a lawsuit against Banco Venezolano de Credito (BVC), Oscar Garcia Mendoza et al in New York, and one in Florida, in September 2012. So, New York courts had jurisdiction to entertain the spurious allegations made by Derwick against BVC in 2012, but don't have jurisdiction to hear claims against them in 2013? Again, what a pathetic bunch of imbeciles. Only in Venezuela can such people become multibillionaires. It's going to be truly fascinating to learn what sort of BS they'll come up with. I'd venture a prediction: sooner, rather than later, they'll pay up to avoid further complications and exposure into its dodgy activities.
The amended claim, with interesting bits highlighted, can be read here.