Venezuela's Corruption Exposed

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 INFODIO's former editor's full name, and a fake email address (alek.boyd.arregui at 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.

June 2021

A power tycoon, while Venezuela goes dark, brightens his image abroad (Reuters)

Plagiarism at Reuters isn’t worst thing: corruption legitimation is

3 years ago By Alek Boyd

To say that I am baffled by Reuters' latest 'special report' on Derwick Associates criminal boss Alejandro Betancourt would be an understatement. It is difficult to understand the sheer dishonesty that moves a so called professional journalist, writing for one of the so called most reputed media companies, and his editors (Paulo Prada and Tom Lasseter), to the extraordinary feat of publishing over 4,000 words without citing a single original source.

Under the federal securities laws, a company may not offer or sell securities unless the offering has been registered with the SEC or an exemption from registration is available.

[UPDATED] Did SEC approve Michael Bär's offering in U.S. soil?

3 years ago By Alek Boyd

UPDATED 22/06/2021 - 08:10 GMT - This site has seen emails that show that Michael Baer, also known as Michael Philipp Bär or Mike Baer, was seeking capital investment for his MBaer Merchant Bank AG in the U.S. from Francisco D'Agostino in early October 2017. So we went to the Securities and Exchange Commission (SEC) database (EDGAR) to see whether there were any records of Mr Baer, or any of the recent companies he appears associated with.

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