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FROM THE CHRONICLES of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA~ ~Contributed & Written by Kenneth Rijock
The lengthy press releases, published by Mossack and Fonseca, claiming that the law firm's Customer Identification Procedure, and compliance staff, were conducting due diligence upon all their clients, appear now to be a joke. Miami is buzzing about the disclosure that Franklin Duran was conducting business with MF, while he was actually serving a four-year sentence in Federal Prison. This confirms that there were no checks performed on clients by the law firm.
Duran is notorious in Miami, due to the "Suitcasegate"corruption scandal, which was the seizure of $790,550 in cash, by Argentinian Customs, when local Key Biscayne resident, Guido Antonini Wilson, attempted to smuggle in an illegal campaign contribution, destined for Cristina Fernandez de Kirchner. The money, which came directly from PDVSA coffers, traveled with Antonini to Buenos Aires on a private jet charter, where the passengers on board, which included a number of Argentinian (PDVSA) and Venezuelan state officials, imbibed an obscene number of bottles of Johnnie Walker Blue Label $200.00 Scotch. It was later alleged that $4.2m was successfully smuggled into Argentina that day, for Kirchner's campaign, by another individual on the flight.
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| Only the best for bulk cash smugglers. |
Duran later traveled to Miami, and threatened Antonini, and his family, if he told the authorities the truth about the origin and purpose of the money. Duran was convicted of the Federal crime of acting an an unregistered agent of a foreign power, namely the Government of Venezuela, and conspiracy.
The fact that a fifteen-second Internet search would have turned up Duran's case confirmed that there is, in essence, no real compliance practiced at Mossack and Fonseca. The firm admits that it did not discover Duran's unsuitability, as a client, for five years after the fact, and that may have occurred only because investigative reporters were overtly inquiring about MFs clients in 2015, and the firm may also have known about an American law enforcement investigation that began in 2014.
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| Franklin Durán, in the Gumball Rally. |
Duran, after serving his sentence, was deported from the United States. He is reportedly living in the Republic of Panama. Compliance officers, be advised that his complete name is Franklin Durán Guerrero, born 12 September, 1967, in Caracas, and his Venezuelan Cédula Number is 7.927.630 .
Next month, a complete list of MF clients is due to be released, and further evidence is expected, confirming that Mossack and Fonseca deliberately ignored performing even the most rudimentary check on new clients, so long as they paid the exorbitant fees the law firm charged for corporate services.
WANTED SA kindly thanks US Treasury, Kenneth Rijock, AFP, Reuters, BBC, Associated Press, DEA, FBI, ICE, Westlaw, Arutz Sheva, and all the Parties, Press, Journalists, Law Enforcement and Securities forces who have contributed to the many articles and their sincere opinions and statements.
WANTED SA states that the facts and opinions stated in this article are those of the author and not those of WANTED SA. We do not warrant the accuracy of any of the facts and opinions stated in this article nor do we endorse them or accept any form of responsibility for the articles.
