Arevenca offers to buy airline

Arevenca, the fake oil company long followed around these parts, has offered to buy Cyprus Airways. Επίσης, ενδιαφέρον υπέβαλε και o ισπανικός όμιλος Arevenca Group σε συνεργασία με την επίσης ισπανική Fly Aruba και την Air Atlantic, σε συνεργασία με επενδυτές από ΗΠΑ και Καναδά. Το ιδιαίτερο ενδιαφέρον αυτής της πρότασης είναι ότι πρόκειται για […]

Lucky Igbinedion mixed up in Arevenca case, gets press in Nigeria

The weirdest case I’ve tracked since I started this blog has been that of Skanga, a little unknown Nigerian company that is suing Petroleos de Venezuela SA (PDVSA) for at least $100 million for supposedly taking part in an advance-fee fraud against the Nigerian company. It’s a long and convoluted story. I wrote up one […]

Arevenca’s constellation of weirdness only grows

Fox News has this remarkable expose of the ridiculous scam organization IIMSAM. It’s intellectually honest about the possible connections to US President Obama, which is saying something for a Fox News story. It also shows that this bizarre group issues travel documents that are fishy at best. The writer left out one really odd tidbit […]

Puerto Rico asphalt company sues Arevenca, Madasi, Miguel Lausell for $13.6 million

Arevenca, the fake oil company long documented in these pages for its deceptive web site and involvement in a failed airline in Aruba, is being sued along with several people who allegedly acted as salesmen for a scam in Puerto Rico. The Betteroads Asphalt Corp. alleges in a suit filed Sept. 4 in the US […]