PDVSA Pension Ponzi: One for the “Whaaaaaaaaat?” file

Kudos to Associated Press for this weird, weird scoop.

Father of disgraced Venezuelan-American proposes to buy company left teetering by son’s fraud

HARTFORD, Conn. — The father of a disgraced Venezuelan-American financier says he is assembling an offer to buy a U.S. nuclear energy company that lost millions of dollars in financial backing because of his son’s crimes.

The offer to buy NuScale Power Inc. of Corvallis, Ore., comes from Ramon Illarramendi, a former director of the Inter-American Development Bank.