On Tuesday of this week, sources reported that a court in Geneva issued a ruling against Francisco Morillo and Helsinge, in a fraud case brought by PDVSA. Geneva prosecutors have initiated a criminal investigation into information regarding a large fraud scheme allegedly perpetrated by Morillo and Helsinge, which involves some of the largest energy trading houses in Switzerland. On Friday, the WSJ published what amounts to little more than a promotional piece, granting a free pass on Boies’ involvement with the PDVSA US Litigation Trust, a vehicle under Boies’ complete control created with a convicted criminal, a totally corrupt Boligarch representative, and disappeared and/or imprisoned corrupt officials. This litigation trust is the mechanism Boies used to file a civil action against Morillo, Helsinge, Trafigura, Glencore, and others in Florida. Boies and his merry band of “saviors of Venezuela” will scoop up 66% of potential profits. The remaining 34% of PDVSA’s share is also under Boies’ absolute control.
The article fails to address a number of crucial points, such as how John Brennan (22% of the 66%) came to possess the information that spurred the Florida lawsuit. Wilmer Ruperti, the source of information, is not mentioned anywhere, nor is Ruperti’s past dealings with the most corrupt PDVSA officials, etc. Alex Pencu, with rights to 35% of Boies’ 22%, is also omitted. There is no mention of Pencu’s professional relationship with Ruperti.
The illegal formation of trusts, the identities of the trustees, and their connections to Boies or Bill Duker (22%) are not mentioned. It is also overlooked that PDVSA waives any claims to recovery.
The WSJ hackers also missed the part about Boies’ lies during court proceedings. Statements from involved Venezuelan officials could not be made due to explicit and direct orders from Nicolás Maduro, according to Boies’ arguments. However, this site published travel records detailing the foreign trips of those officials during the timeframe of the “imposed” travel restrictions by Maduro, which ended up being included in the case file.
Boies stated, “I don’t believe our government should ally itself with corruption merely to deprive the Venezuelan people of the assets they are entitled to,” yet Boies can forge alliances with the worst scum that has ever ruled and done business in Venezuela, on his path to stripping the Venezuelan people of 66% of what rightfully belongs to them, and that’s perfectly fine according to some idiot “legal ethics expert” consulted.
The WSJ hackers found it inappropriate to question how taking 66% of what belongs to the Venezuelan people does not deprive that nation of its assets. Boies’ alliance with an illegally designated Attorney General, a corrupt official imprisoned on bribery charges, a Boligarch and his totally corrupt agents, and a convicted criminal, is presented in the WSJ as an “effort to combat corruption and help a struggling nation.” Thus, irrefutable.
Boies’ blindness to his own hypocrisy is evident in court hearings, where the “great litigator” defends the illegal actions of corrupt officials in forming the trust, while simultaneously arguing that the laws governing the actions of those officials are not subject to adjudication in U.S. courts. Unfortunately, the WSJ’s tricks never reached that part.