Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time. Time is money. Regular visitors from banks' compliance departments, academia, business intelligence, and law enforcement are encouraged to donate cost of three coffees -if they find useful information here- so we can continue our efforts. 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 editor full name, and fake email addresses ( to send copyright infringement claims / take down requests to web hosting companies (exhibit Hostgator). The attempt is yet another effort paid by utterly corrupt thugs to erase information about their criminal activities. has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.

derwick associates

Associates of Derwick keep using U.S. courts for censorship

The whole series of investigations of a criminal clan otherwise known as Derwick Associates, that I started back in 2012, was triggered by a court case. I admit it surprised me that the epitome of Bolichico class would be so brazen, and deluded, to think it could silence perceived enemies by launching frivolous civil lawsuits in U.S. courts. I am referring, of course, to the case that Derwick Associates initiated in New York against Banco Venezolano de Crédito and Oscar García Mendoza, then withdrew from that jurisdiction and relaunched in Florida.

Boligarchs' Delusional Disorder: exhibit Francisco D'Agostino

The UK's National Health Service's (NHS) website defines Psychosis as "a mental health problem that causes people to perceive or interpret things differently from those around them. This might involve hallucinations or delusions." Then, on the topic of delusions, the NHS claims "delusion is where a person has an unshakeable belief in something untrue.

While DoJ chased Convit, Maduro ordered JV formation with Betancourt (Conspirator 2)

Nicolas Maduro is keen on continuation with rampant corruption: not content with partnering with OFAC-sanctioned kingpins to "boost" PDVSA's output, he ordered formation of PETROSUR, a new 60/40 joint venture between Corporación Venezolana de Petróleo (CVP- affiliate of PDVSA) and Inversiones Petroleras Iberoamericanas Ltd, a €1,000 Cyprus shell controlled by Alejandro Betancourt, through a

In PDVSA’s corruption leagues focus on Francisco Convit, Matthias Krull is a non-story

Focusing on Matthias Krull -the German-Venezuelan "banker" used by Francisco Convit, Raul Gorrin, Nicolas Maduro et al to launder $1.2 billion worth of PDVSA funds- is like pretending that El Chapo's driver was the head of the Cartel. When it comes to PDVSA, most roads tend to lead to Rafael Ramirez, who was the architect in chief of the world's largest looting of assets and money that anyone has seen.

Derwick Associates paid bribes to Nervis Villalobos through Banca Privada D'Andorra

Evidence has emerged that Derwick Associates paid bribes to Nervis Villalobos through Banca Privada D'Andorra. A "Consulting and Advisory Services Agreement" between Derwick Associates Corp. and INGESPRE (Nervis Villalobos' vehicle) was entered by the parties on 14 January 2010. The contract's recitals imply that Derwick Associates is a foreign concern "which does have an office in Venezuela and wishes to do further business there".