Resumen de Conned news
On Sep 15, 2011, executives of Arevenca, an Aruba-based oil company, and Avic Xac, a Chinese state aircraft company, signed the biggest oil deal in history in Madrid. The agreement promised $200 billion a year in trade over 10 years at a total value of $2 trillion. Francisco Javier Gonzalez, the president of Arevenca, spoke at the signing about plans to supply not only fuel but also ports and railways. Within hours, the news was out. But Arevenca was little more than a website full of lies and office in Aruba. Arevenca is a useful case study, as the company has benefited from a series of press hits that should never have happened. Here, Bodzin examines media's responsibility when they treat scams as legit
