Latest / The Dustlight Archives / NXIVM: Episode 13: Emiliano Salinas, Prorsus Capital, and What It All Means RE-UPLOAD

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NXIVM: Episode 13: Emiliano Salinas, Prorsus Capital, and What It All Means RE-UPLOAD · The Dustlight Archives

• 0:37
  SPEAKER_00: I want to talk to you about a guy named Dennis Burke.
• 0:41
  SPEAKER_00: Dennis Burke had been a United States attorney for the state of Arizona from 2009 to 2011 until he was forced to resign for his role in the Fast and Furious scandal.
• 0:54
  SPEAKER_00: Very simply, the Fast and Furious scandal involved the ATF supposedly engaging in a gun walking operation, which is when you let guns be illegally purchased, in this case from Phoenix, Arizona, and you secretly track their path to the purchaser in order to expose a criminal network and arrest those involved.
• 1:18
  SPEAKER_00: The reason this is the fast and furious scandal, and not the fast and furious operation, is because the ATF supposedly lost around 2,000 guns that ended up in the hands of Mexican cartels.
• 1:37
  SPEAKER_00: We don't have time to get into it, but I'll just say I am less than convinced they accidentally lost these guns.
• 1:46
  SPEAKER_00: Either way, Dennis Burke is an interesting guy because he connects a lot of people.
• 1:53
  SPEAKER_00: First, he ends up deeply involved in the aforementioned operation where the US government gave military grade weapons to Mexican cartels.
• 2:05
  SPEAKER_00: Second of all, he was Arizona Attorney General and Governor Janet Napolitano's right hand man.
• 2:14
  SPEAKER_00: Some people would even refer to them as the Arizona Mafia.
• 2:19
  SPEAKER_00: This is made yet more interesting because Napolitano would publicly endorse Jose Antonio Mead, who was pretty widely acknowledged to have been a puppet candidate for the Salinas family.
• 2:35
  SPEAKER_00: So to reiterate, at this point, Dennis Burke has political ties to the Salinas family and was also involved in a scandal that gave a couple thousand guns to Mexican cartels.
• 2:52
  SPEAKER_00: Okay.
• 2:54
  SPEAKER_00: Now I've got another one for you.
• 2:57
  SPEAKER_00: He was hired as Claire Bronfman's legal counsel in 2018 when all of this Nexium stuff exploded.
• 3:06
  SPEAKER_00: That's pretty wild, right?
• 3:09
  SPEAKER_00: One could say he seems to be connecting several nodes we've been exploring throughout the back half of this series.
• 3:18
  SPEAKER_00: Now, what if I were then to also tell you that there was a lawsuit filed by a man named Jeffrey Peterson in 2018 against Dennis Burke?
• 3:32
  SPEAKER_00: In this lawsuit, he claims he was at a meeting in 2014 with Emiliano Salinas, where he was basically demanded that Peterson join Nexium, and he was threatened after he refused.
• 3:48
  SPEAKER_00: And finally, let's just throw in a fifth fact, which is that this lawsuit alleges there was a meeting where Bill Clinton was present and that Bill Clinton had long standing ties to the Salinas family.
• 4:04
  SPEAKER_00: I think it's time to talk about Emiliano Salinas.
• 4:08
  SPEAKER_00: Welcome to the Dust Light Archives.
• 4:17
  SPEAKER_00: Emiliano Salinas was born on February 19th, 1976 to Carlos Salinas and his first wife, Cecilia Ocelli Gonzalez.
• 4:30
  SPEAKER_00: And one thing that doesn't get nearly enough reporting is that his mother was also a member of Nexium.
• 4:37
  SPEAKER_00: Now, to be clear, I'm choosing to make Emiliano the center of this episode because there's more information on him, and I do think he's the most interesting Salinas to examine for this final episode.
• 4:52
  SPEAKER_00: But there are pretty reliable Mexican sources that name his mother and his sister, Cecilia Salinas Ocelli, as members.
• 5:02
  SPEAKER_00: I will be referring to them as Emiliano's mother and Emiliano's sister anytime I bring them up because his mother's name is Cecilia Ocelli Gonzalez and his sister is Cecilia Celenus Ocelli, and obviously trying to keep track of both those names would be a nightmare for all of us.
• 5:42
  SPEAKER_00: Quote, sorry to read the name of Cecilia Ocelli Gonzalez among VIP Mexicans, those in the circle close to Keith Reneri.
• 5:52
  SPEAKER_00: She is the ex wife of Carlos Salinas de Gortari, mother of Emiliano and Cecilia Salinas Ocelli.
• 6:01
  SPEAKER_00: What was she doing in the Nexium sect?
• 6:04
  SPEAKER_00: Is it because, like Nancy Salzman, who voluntarily surrendered her daughters to be part of the harem?
• 6:11
  SPEAKER_00: Cecilia Ocelli Gonzalez sponsored and participated in Nexium knowingly.
• 6:16
  SPEAKER_00: Will it be fair to think that in order to protect their mother, the Celenus Ocelli siblings would have approached voluntarily to justice and thus not expose this grossly?
• 6:29
  SPEAKER_00: To be honest, I wish I could run with this implication, because I think the mother joining first is the more interesting and revealing option, if true.
• 6:39
  SPEAKER_00: It would mean that Emiliano Salinas' entire origin story of being invited in by his friend Alejandro Betancourt would be a lie.
• 6:48
  SPEAKER_00: However, the most credible reporting on the subject coming from Arestigue Noticious explicitly says Emiliano brought in the rest of his family.
• 7:00
  SPEAKER_00: My best guess personally is that drawing a clear A to B line of who brought in who is probably not exactly the right way to look at it, and that there was actually a more fluid causal chain here.
• 7:14
  SPEAKER_00: What it definitely does is put the lie to what is probably the silliest Nexium story involving Emiliano Salinas and Keith Raineri.
• 7:25
  SPEAKER_00: The story is that Keith Rainier would play psychological games, breaking down Emiliano Salinas, bringing up his family's corruption, and even at one point saying, and I quote, I piss on your family.
• 7:41
  SPEAKER_00: This makes no sense in the first place, because given the actual power dynamics of these people, my best guess is that if Keith Rainier said something like that, Emiliano would lean into his closest bodyguard and whisper, have that loud man in the jacksuit right there killed.
• 8:01
  SPEAKER_00: But it makes considerably even less sense when you realize multiple members of Emiliano's family were in Nexium.
• 8:11
  SPEAKER_00: I mean, these people are very powerful even after their corruption scandal.
• 8:17
  SPEAKER_00: I can't prove it, but I suspect Emiliano Salinas was being groomed to become president or hold some sort of other high office in Mexico for quite a while because he was doing the exact sort of institutional things you would expect if that were the case.
• 8:37
  SPEAKER_00: And I mean, he's fairly young, and I think he'll outlive any public accountability for his relationship with Nexium.
• 8:45
  SPEAKER_00: So it might still happen yet.
• 8:48
  SPEAKER_00: But as a child, he went to the Lycio Mexicano Japones, which is a prestigious bilingual Mexican-Japanese school.
• 9:00
  SPEAKER_00: The sort of place you'd send somebody early on to begin training them in international relations.
• 9:07
  SPEAKER_00: It's also hard to trace his teenage years, but it seems he spent some time being educated in the US and Switzerland as well.
• 9:17
  SPEAKER_00: We can really get some solid footing, though, once he does what at first might seem sort of an odd series of pivots, when he gets his bachelor's degree in economics at the Autonomous Technology Institute of Mexico, before working at an investment bank called Lazard Frerez, and then going to Harvard to get his PhD in their political economy and government program.
• 9:44
  SPEAKER_00: I think, though, if we take this step by step, what is going on here can become pretty apparent.
• 9:51
  SPEAKER_00: First, he needs his time at Autonomous Technology Institute of Mexico, because it's arguably the most prestigious school in Mexico, and this will allow him to make connections among the elite there specifically.
• 10:06
  SPEAKER_00: However, he doesn't need more than a bachelor's degree there, because focusing exclusively on this school would actually be sort of limiting.
• 10:16
  SPEAKER_00: The way to really rocket yourself into the stratosphere, and more than ever in a recently pro-NAFTA world, is to get some time working for a powerful financial firm and going to a US Ivy League.
• 10:30
  SPEAKER_00: And I really think it's a sign of the laziness or the intentional obfuscation present in Nexium reporting, that all of this, including his later time on the board of Process Capital, gets one biographical sentence devoted to it.
• 10:48
  SPEAKER_00: And it's usually something like financial investor and Harvard graduate Emiliano Salinas, which is all we get before moving into a bunch of unverified and frankly stupid supposed interpersonal drama.
• 11:04
  SPEAKER_00: Let's dig in for a second on his time at Lazard Ferres before he even goes to Harvard, because there's a lot going on here.
• 11:13
  SPEAKER_00: This is not some random investment bank.
• 11:16
  SPEAKER_00: It is one of the oldest and most specifically placed advisory firms in the world.
• 11:22
  SPEAKER_00: Like, their main job is advising on sovereign debt restructuring in major cross-border mergers and acquisitions.
• 11:33
  SPEAKER_00: They have a relationship with the IMF, for instance, that would make almost every other financial firm jealous.
• 11:40
  SPEAKER_00: And I can't stress enough how sussed out you should be by somebody working there.
• 11:47
  SPEAKER_00: Particularly in the 90s, right in the time period NAFTA is really going into effect, especially when their father was instrumental in getting NAFTA passed.
• 11:58
  SPEAKER_00: Even by the standards of investment banking, what they do is intentionally opaque in their specific financial expertise, is in areas where the normal world normal rules of financial transparency don't apply.
• 12:14
  SPEAKER_00: One of their main functions is exploiting gaps between national regulatory frameworks.
• 12:20
  SPEAKER_00: Like we're talking about moving money through gray zones on an industrial scale.
• 12:26
  SPEAKER_00: And the specific contracts he was working on make this even more noteworthy.
• 12:32
  SPEAKER_00: One is Telefonica, which places him right after national control of telecommunications had been given up by his own father's government at the firm helping the largest private telecommunications corporation in Mexico get established, which includes basically paying pennies on the dollar or sometimes nothing at all to take existing infrastructure built with taxpayer dollars and convert ownership to international telecoms for private profit.
• 13:05
  SPEAKER_00: Another contract he had was with Anheuser-Busch.
• 13:10
  SPEAKER_00: And at the time, the beer industry in Mexico was sitting right at the intersection of legitimate business and the informal cartel economy.
• 13:19
  SPEAKER_00: Prior to NAFTA, beer was controlled by a localized oligarchy and was a heavily lucrative industry.
• 13:27
  SPEAKER_00: So once the borders opened up to transnational capital, a lot of complex high-end financial arrangements had to be negotiated in order to turn it into something where companies like Anaheiser Bush could wet their beaks and gain a controlling stake in the industry.
• 13:46
  SPEAKER_00: And this runs deep into infrastructural questions as well.
• 13:51
  SPEAKER_00: Because in this time period, all sorts of crooked groundwater acquisition deals were struck, and beer companies became incredibly powerful forces in Mexico.
• 14:03
  SPEAKER_00: Like the specifics of this are really complex and probably not worth getting in too deep on in this episode.
• 14:11
  SPEAKER_00: But basically, to this day, over 95% of beer comes from two companies.
• 14:17
  SPEAKER_00: These companies are in a series of varying arrangements with the local governments in the different regions of Mexico.
• 14:25
  SPEAKER_00: And often the beer companies are the ones dictating the terms.
• 14:30
  SPEAKER_00: Anheuser Busch owns one half of this duopoly, and the groundwork for this was laid while Emiliano Salinas was helping iron out the details of their contracts.
• 14:45
  SPEAKER_00: And while he's working for Lazard Ferris, he is also going to Harvard and getting a PhD in their political economy and government program.
• 14:55
  SPEAKER_00: In most biographical descriptions, this also gets shortened.
• 15:00
  SPEAKER_00: It gets shortened to he studied economics at Harvard, which is missing the specificity of what this actual degree is.
• 15:09
  SPEAKER_00: Political economy and government, as the name implies, actually sits at the crossroads where economics and government merge.
• 15:20
  SPEAKER_00: This is not the typical degree of a venture capitalist.
• 15:24
  SPEAKER_00: It actually goes much deeper than your typical economics degree and is specifically about interactions between these two entities on both a practical and a theoretical level.
• 15:37
  SPEAKER_00: A Harvard degree in political economy and government isn't what you get if you want to work in these fields.
• 15:44
  SPEAKER_00: It's what you get if you want to learn how to operate them on a cybernetic level.
• 15:49
  SPEAKER_00: And it's worth mentioning that by this point in his life, his dad, Carlos Salinas, is disgraced and living in exile over in Ireland.
• 16:02
  SPEAKER_00: Interestingly enough, he actually writes his PhD thesis titled The Organization of Corruption, Political Horizons, and Special Interests, which, given where he came from, where he was currently working, and what he would go on to do, reads as somebody trying to understand the system in order to manipulate it as effectually as possible.
• 16:28
  SPEAKER_00: And I would hope that this far into the series, I've already made my argument about who is in control here.
• 16:37
  SPEAKER_00: But it's worth mentioning that in the same time period, Emiliano Salinas is getting some of the best training in the world on how to run transnational economic and government systems.
• 16:50
  SPEAKER_00: Keith Rainier is running a failed pyramid scheme selling grocery discounts in Albany.
• 17:08
  SPEAKER_00: So at this point we have a pretty big timeline discrepancy.
• 17:13
  SPEAKER_00: Really, uh not even a discrepancy so much as a flat out lie.
• 17:18
  SPEAKER_00: Emiliano Salinas would join Nexium by 2003 at the latest.
• 17:24
  SPEAKER_00: This is established fact because a 2003 Forbes piece, the one where Edgar Bronfman Sr.
• 17:32
  SPEAKER_00: would call them a cult, has a quote by Emiliano where he calls it a practical MBA.
• 17:40
  SPEAKER_00: Yet, in a Buzzfeed interview, four days after Reniri's arrest, Emiliano Salinas would claim to not have been a member until 2008.
• 17:53
  SPEAKER_00: I will say, despite the fact that primary sources make this entirely impossible, there are a few reasons why I think he tried to rewrite history this way.
• 18:06
  SPEAKER_00: First of all, I'm sure that in the specific moment he gave that interview, everything was in flux and it still wasn't totally clear how far this was all going to go legally.
• 18:20
  SPEAKER_00: If he was trying to protect himself against something like a Rico charge, claiming to have not joined until 2008 would mean he wasn't there on the early ground floor of Nexium and he was a late investor, and therefore much less culpable.
• 18:39
  SPEAKER_00: But as we've already gone over, and as is proven by a Forbes article written in 2003, Mexican Nexium ran concurrent to American Nexium and wasn't something that came in much later.
• 18:56
  SPEAKER_00: I'm sure Emiliano Salinas would have tried to claim he joined even later if he could have, but he joined the Board of Nexium in 2009, and all of that is heavily documented with legally binding paperwork.
• 19:11
  SPEAKER_00: So 2008 is as late as he could possibly push it.
• 19:18
  SPEAKER_00: Also, even if we wanted to give him the benefit of the doubt and assume he was peripherally around in 2003, or that he genuinely forgot when he joined, he also gave a separate interview with La Sierita a few months before Reniere's arrest, where he was defending Nexium and said, and this is a quote, me and Alejandro Bedencourt started this thing 15 years ago.
• 19:48
  SPEAKER_00: Which would of course be 2003.
• 19:52
  SPEAKER_00: Just for reference, Alejandro Bedencourt is another Nepo baby of the Mexican ruling class, as well as Salinas' friend and business partner, who also tangentially was an absolute pain in the ass to research because he shares a name with somebody else high up in Venezuela's energy industry.
• 20:13
  SPEAKER_00: More on him in a second.
• 20:18
  SPEAKER_00: Now, I suspect the other reason he might lie and claim he joined in 2008 is because the worst human trafficking charge Reniri got was of a 15-year-old named Camila, who was recruited from Mexico in 2005, and he may have been trying to distance himself from that.
• 20:40
  SPEAKER_00: Still, I think it also shows how untouchable Emiliano knew he was, that he could blatantly lie like this and not get any very basic fact-checking by either the BuzzFeed interviewer or any legal entity at all.
• 21:00
  SPEAKER_00: Alright.
• 21:02
  SPEAKER_00: So now let's talk about Alejandro Badencourt and Emiliano Salinas' joint venture, Horses Capital.
• 21:09
  SPEAKER_00: In many ways, it's probably the single best indicator of how interconnected Mexican Nexium and American Nexium were, and it certainly doesn't disabuse me of the notion that it's a massive money laundering operation.
• 21:27
  SPEAKER_00: Let's start with just a few things about Alejandro Bedencourt.
• 21:33
  SPEAKER_00: First of all, his dad was the accountant for the man who ran the biggest bank in Mexico.
• 21:40
  SPEAKER_00: Second of all, we have to touch on the fact that he was called El Duce as a nickname with a Nexium.
• 21:47
  SPEAKER_00: The typical explanation of this is legitimately stupid, and every journalist that's repeated this should absolutely retire in shame.
• 21:58
  SPEAKER_00: The explanation is that Keith Rainier told him he was a reincarnation of Mussolini and that Alejandro needed to work off his debt by worshiping Keith Rainier.
• 22:10
  SPEAKER_00: Even by the absolutely dog shit standards of those who covered this story, this in particular is so far divorced from any kind of coherent reality.
• 22:22
  SPEAKER_00: Even if somehow he took Keith Rainier's psychic revelation that he was a reincarnated dictator seriously, he probably he probably would have just thought it was cool.
• 22:35
  SPEAKER_00: Also, if you're trying to shame somebody in this situation, you don't make it his nickname and have everybody call him that.
• 22:44
  SPEAKER_00: You make him hold it and keep it as a secret shame that you can leverage against him.
• 23:06
  SPEAKER_00: He was named as a co-conspirator in a 2018 document filed by the prosecutor and never faced any charges, which is pretty wild.
• 23:18
  SPEAKER_00: The other thing is that according to his still active website, he is currently running something called Human OS, which is a name loaded with nightmare fuel.
• 23:30
  SPEAKER_00: I can't seem to find anything about what it is or what it's selling, other than the fact that it's under the strategy and human development section of his website.
• 23:42
  SPEAKER_00: At this point, the name has been trademarked and it seems to be a new company or one that is operating very quietly.
• 23:51
  SPEAKER_00: It really makes you wonder when we talk about the places all of this behavioral modification data could have gone.
• 23:59
  SPEAKER_00: Could human OS be one of the entities building off of the research they collected?
• 24:10
  SPEAKER_00: But, anyways, let's talk about Process Capital.
• 24:15
  SPEAKER_00: I think maybe the single most interesting aspect of it is that it's an SAPI, which is an acronym that roughly translates as the Anonymous Society for the Promotion of Investments.
• 24:30
  SPEAKER_00: It's actually kind of mind-blowing.
• 24:32
  SPEAKER_00: This is even a thing.
• 24:34
  SPEAKER_00: Or I guess I'm not surprised it's a thing.
• 24:37
  SPEAKER_00: I'm more surprised at its shockingly confessional name.
• 24:41
  SPEAKER_00: And the description of it as well is almost comically self-aware.
• 24:47
  SPEAKER_00: This is the description.
• 24:49
  SPEAKER_00: Our status as a SAPI provides us with the key regulatory advantages of this modern legal structure designed to facilitate investment in the country.
• 25:02
  SPEAKER_00: This creates the potential for returns that outperform the market in exchange for added government oversight.
• 25:10
  SPEAKER_00: At first glance, it might not be apparent how brazen this is, so let me explain.
• 25:17
  SPEAKER_00: The SAPI structure was created in 2006 specifically to attract venture capital and private equity.
• 25:27
  SPEAKER_00: And it did this by loosening the requirements of Mexican law when it came to investing.
• 25:34
  SPEAKER_00: I feel like that's fairly obvious from the explanation.
• 25:38
  SPEAKER_00: But then they follow it up with claiming added government oversight in exchange, which sounds good, but it's arguably the most suspect sentence in the whole thing.
• 25:51
  SPEAKER_00: Because what this means in practice is that the Mexican government is a counterparty in your corporate structure and not a regulator from the outside.
• 26:04
  SPEAKER_00: By tying their fortunes to the Mexican government, it basically takes something like the government bailouts that happened in the US in 2008, and it actually advertises it as a feature for investing in their company.
• 26:22
  SPEAKER_00: And Process Capital has a really strong combination of American and Mexican Nexium on their board, which obviously combines with like the dozen other ways we've gone over in this series that they have been laundering money.
• 26:37
  SPEAKER_00: And it's another really effective way to move it around through borders with little to no oversight or accountability.
• 26:47
  SPEAKER_00: Nancy Salzman, Sarah Bromfman, Alejandro Betancourt, and Emiliano Salinas were all on the board at least.
• 26:56
  SPEAKER_00: And those are the ones I can a hundred percent verify.
• 26:59
  SPEAKER_00: And this is the final episode of this series.
• 27:02
  SPEAKER_00: So if you will permit me to beat the crushed and rotting corpse of this horse to death one more time, I would also like to point out that Keith Rainier is not on the board.
• 27:16
  SPEAKER_00: And in fact, has no financial ties to Bros's Capital, even though several people supposedly manipulated by him and lower on the totem pole did.
• 27:29
  SPEAKER_00: The argument we tackled much earlier in this series that you'll find in most Nexium journalism is that it was actually 5D chess that Keith Rainier was playing by not owning anything.
• 27:43
  SPEAKER_00: And this is silly and transparent bullshit when we're talking about townhouses in Albany.
• 27:49
  SPEAKER_00: But when you start claiming a man with no financial ties to Boris's capital was the secret mastermind behind a cross-border financial fund with board interlocks, government contracts, and everybody walked away richer from while absolutely nobody was legally charged of a crime.
• 28:13
  SPEAKER_00: It becomes a case study journalism classes should teach and how to protect the elite by centering the least powerful person in the room.
• 28:26
  SPEAKER_00: At this point, I think we need to add one more family into the mix, and that is the Gonzalezanaya family.
• 28:34
  SPEAKER_00: Specifically, a brother and sister duo.
• 28:37
  SPEAKER_00: The brother's name is Jose Antonio Gonzalezanaya, and the sister is Alejandra Gonzalezanaya.
• 28:46
  SPEAKER_00: The sister was recruited to ESP by Emiliano Salinas, supposedly, and if that's the case, it once again puts the lie to his claim of joining in 2008, because she actually started a corporation through Process Capital Loans under the umbrella of Nexium in 2007.
• 29:10
  SPEAKER_00: The name of the company was Anima Inc., and she co-founded it with Keith Rainier.
• 29:17
  SPEAKER_00: Now, I know we just talked about how one of the basic rules of Nexium is Keith owns nothing.
• 29:25
  SPEAKER_00: So what's the deal with this?
• 29:27
  SPEAKER_00: Well, the first thing of note is that he was the minority stakeholder, so it was not primarily his company.
• 29:35
  SPEAKER_00: And actually, this is a pretty regular IP compensation package in this situation.
• 29:42
  SPEAKER_00: Like the one thing Keith Rainier did unequivocally own is the supposed philosophy behind Nexium.
• 29:51
  SPEAKER_00: And this was pretty non-negotiable.
• 29:54
  SPEAKER_00: Because if you start acting like philosophy is not his, at that point you have absolutely nothing to point to, which suggests he was running the group.
• 30:04
  SPEAKER_00: So if you are going to keep this illusion going, a company that straight up claims to be an extension of his intellectual property has to compensate him in some way.
• 30:15
  SPEAKER_00: They could give him a one-time lump sum, but I think having him be the minority stakeholder makes more sense in this context.
• 30:26
  SPEAKER_00: Because in America, there were a lot of safeguards to make sure Keith never went off the rails with whatever insider information he had.
• 30:36
  SPEAKER_00: He was surrounded by handlers, and the narrative that he was in charge in the U.S.
• 30:41
  SPEAKER_00: had been solidified over years, to the point where anything he did to harm the powerful families around him would blow back in his face.
• 30:52
  SPEAKER_00: But Mexico is a little further away.
• 30:55
  SPEAKER_00: It exists in a different legal jurisdiction with different rules, and hypothetically, I could imagine a world where Keith Setter did something that would cause trouble for the powerful families in Mexico and allow him to walk away mostly clean, at least legally.
• 31:16
  SPEAKER_00: So giving him stake in something which is not Processus capital, but which creates legal paperwork showing he was in bed financially with these people would be ideal.
• 31:30
  SPEAKER_00: Throw him a minority share in a small side project of Proces, and now you have mutually assured destruction, which you bought very cheaply.
• 31:40
  SPEAKER_00: I think this argument is bolstered by the fact that the only address with Keith Rainier's name on it is Closed Santa Catarina 21 in Colonia San Angel Inn in the delegation Alvaro Obregon, which is also the address for the only business he has any stake in.
• 32:05
  SPEAKER_00: So Emiliano Salinas, Alejandra Gonzalez Anaya, and Keith Rainier have their names on this Anima Ink company.
• 32:15
  SPEAKER_00: One of at least six companies under the Prours's Capital Umbrella, by the way.
• 32:20
  SPEAKER_00: But what makes this one particularly interesting is the way Alejandra's brother Jose interacted with it, and the timing details are certainly remarkable.
• 32:31
  SPEAKER_00: Alejandra joined Nexium while her brother Jose was climbing the ladder in the Mexican Ministry of Finance.
• 32:40
  SPEAKER_00: This is particularly interesting because the Mexico City government worked out a sweetheart deal for Anima Inc., where they paid Anima$369,000 for a flash mob at a parade.
• 32:56
  SPEAKER_00: I don't know what the going rate for flash mobs are, but I'm going to go ahead and guess it's nowhere near almost half a million dollars for a few dozen people doing a coordinated dance.
• 33:10
  SPEAKER_00: And then, interestingly enough, in November 2018, as Nexium comes crashing down.
• 33:18
  SPEAKER_00: In fact, in the very same month, Emiliano Salinas and Alejandro Bed in Court release their joint statement distancing themselves from Nexium, Jose leaves the finance ministry and goes to work for Lazard Ferreras.
• 33:37
  SPEAKER_00: I have tried hard to understand the full implications of this, and I'm still sort of baffled.
• 33:44
  SPEAKER_00: The timing of his job changes are so incredibly specific.
• 33:49
  SPEAKER_00: And for him to end up at all, like of all places for him to end up at Lazard Ferreris, the same company Emiliano Salinas worked at before Nexium, the very month Emiliano officially leaves Nexium seems like way more than a coincidence.
• 34:10
  SPEAKER_00: But this is a piece of the puzzle I haven't figured out yet.
• 34:14
  SPEAKER_00: Maybe I will later, and I'll give you an update, or maybe somebody else can build on top of this information and discover something deeper.
• 34:25
  SPEAKER_00: Alright, let's talk about one more company under the Process Capital Umbrella.
• 34:29
  SPEAKER_00: And this is the Adamant Corporation operating under the commercial name Moneyback.
• 34:37
  SPEAKER_00: This is important because my belief is that it's yet one more dimension through which money laundering is occurring.
• 34:46
  SPEAKER_00: Because, okay, like money back is called a VAT refund service, and VAT refund services exist all over the world in places with a lot of tourism.
• 34:59
  SPEAKER_00: VAT stands for value added tax, and the system works like this.
• 35:06
  SPEAKER_00: Most places have a compulsory sales tax.
• 35:09
  SPEAKER_00: In some tourist destinations, tourists are actually exempt from the tax.
• 35:15
  SPEAKER_00: But the problem is obviously the logistical issue of the fact that sales tax is just hacked onto anything you buy, and sellers don't usually have special infrastructure in place to know whether somebody is a resident or a tourist.
• 35:31
  SPEAKER_00: So as a tourist, what you do is save all your receipts so you can request a refund on sales tax you spend from the government after the fact.
• 35:42
  SPEAKER_00: Now there is a way to do this yourself, but it's a pain in the ass.
• 35:46
  SPEAKER_00: And most people would rather pay somebody else to do it.
• 35:50
  SPEAKER_00: This is where VAT refund services come in.
• 35:53
  SPEAKER_00: They usually exist near borders and airports, and they simplify everything by paying you, like, let's say one very typical example would be 50% of the sales tax you accrued in exchange for your receipts.
• 36:08
  SPEAKER_00: Then they turn in the receipts themselves and they pocket the other 50%.
• 36:14
  SPEAKER_00: Many of these companies are no more crooked than your average capitalist entity, but they require a lot of safeguards.
• 36:22
  SPEAKER_00: For instance, proof has to be provided that these items were actually bought with review from a regulatory agency.
• 36:30
  SPEAKER_00: Moneyback, the corporation owned by Emiliano Salinas and Alejandro Bedencore under Process Capital and licensed by the Nexium Corporation, has a few things that make them unique.
• 36:44
  SPEAKER_00: Probably the most questionable aspect is that they were granted a public concession by the Ministry of Finance to operate this service.
• 36:53
  SPEAKER_00: This means that not only are they the official channel for these refunds with government sanction, giving them an effective monopoly, but this is the exact department Nexium member Alejandra Gonzalez and his brother was climbing throughout this time period and would eventually run.
• 37:14
  SPEAKER_00: So remember when I was telling you a necessary safeguard is proof the items were actually bought?
• 37:21
  SPEAKER_00: That is because otherwise companies like this can be a very straightforward vehicle for money laundering.
• 37:29
  SPEAKER_00: Because money back is a hybrid private public monopoly, it means they are basically regulating themselves.
• 37:38
  SPEAKER_00: And one of the people regulating them would be Jose Gonzalez Anayas.
• 37:49
  SPEAKER_00: This is extra sketchy when you consider that basically every transaction involves a foreign currency conversion, a government payment, and a commission.
• 38:00
  SPEAKER_00: Three separate financial events, usually done separately in three different jurisdictions.
• 38:08
  SPEAKER_00: Put simply, a company that processes thousands of these transactions daily, operating under a government concession, owned through a SAPI fund with cross-border board interlocks, is a financial instrument of significant sophistication, dressed up as a tourist convenience service.
• 38:29
  SPEAKER_00: And it's all under the umbrella of a group that at this point was under investigation for racketeering in the U.S.
• 38:38
  SPEAKER_00: And unbelievably, even though Salinas and Betancourt distanced themselves from the Nexium brand in 2018, money back would continue to be licensed by Nexium and would continue to process payments with the blessing of the Mexican government for an entire year after the fact.
• 38:58
  SPEAKER_00: They wouldn't shut down until 2019, and the whole time Emiliano Salinas and Alejandro Bencourt continued to profit off of this.
• 39:10
  SPEAKER_00: Emiliano Salinas would mostly disappear from the public eye, at least for the time being following 2018.
• 39:18
  SPEAKER_00: He would pop up briefly in 2020, attempting to negotiate a$200 million deal with the government of the Mexican state, Baja California, for a photovoltaic solar plant.
• 39:31
  SPEAKER_00: The brazenness of attempting this less than two years after the end of Nexium is pretty outstanding.
• 39:38
  SPEAKER_00: And more recently, I believe I may have found something that no other Nexium reporting has.
• 39:45
  SPEAKER_00: In June 2024, the FTC filed a complaint in the Central District of California against a company doing a student loan scheme where they, and I'll quote the FTC from the filing, preyed on customers burdened with student loan debt and tricked them into paying hundreds to thousands of dollars in junk fees towards loan forgiveness that did not exist.
• 40:13
  SPEAKER_00: This scheme was run through several shell companies, including Panda Benefit Services, Prosperity Benefit Services, and Pacific Quest Services, bilking more than$20 million from consumers.
• 40:28
  SPEAKER_00: The defendants listed in the federal court documents are Emiliano Salinas and Melissa Salinas, who I could say pretty confidently, because I know who these people are, it's not his sister or his wife, and it's definitely not his mother.
• 40:47
  SPEAKER_00: My best guess is possibly it may be an extended family member, or maybe even an operational proxy.
• 40:57
  SPEAKER_00: Like I've said before, the completely different notary system in Mexico means there's pretty limited information.
• 41:04
  SPEAKER_00: Either way, this appears to be what Emiliano Salinas has been involved in since leaving Nexium.
• 41:11
  SPEAKER_00: And with all the reporting done on the subject, it blows my mind this flew under the radar.
• 41:17
  SPEAKER_00: The only thing I can think is that journalists are so allergic to anything not involving their mastermind guru story and the implications that would stem from those things that they didn't even think this was worth following up on.
• 41:32
  SPEAKER_00: Like this was this was just a series of Google searches.
• 41:37
  SPEAKER_00: And of course, Emiliano Salinas faced no legal repercussions for any of this.
• 41:44
  SPEAKER_00: He settled a civil suit in 2025, had to pay some money back, and is permanently banned from working in the debt relief industry.
• 41:53
  SPEAKER_00: But that is the full extent of any penalties he faced for stealing a ton of money from people already in debt.
• 42:04
  SPEAKER_00: So now that everything is on the table, what do we have here?
• 42:09
  SPEAKER_00: What do we know?
• 42:11
  SPEAKER_00: What can we infer?
• 42:14
  SPEAKER_00: What does any of this mean?
• 42:17
  SPEAKER_00: We've already touched on it a few times this episode, but if you've gotten this far, I have to imagine we can agree the story as told in corbit media is not correct.
• 42:30
  SPEAKER_00: If there is anything I don't think I need to repeat the evidence for again, it is the idea that Keith Rainier was not at the head of this thing.
• 42:41
  SPEAKER_00: This has been an idea I've returned to constantly over the course of the series, and I feel comfortable saying the preponderance of the evidence is overwhelming in this regard.
• 42:54
  SPEAKER_00: That also doesn't mean that some people didn't believe this in good faith.
• 42:59
  SPEAKER_00: I think members like Nikki Klein, who seemed to have a public breakdown and stood by Keith to her own detriment, probably saw him as the leader.
• 43:10
  SPEAKER_00: Tony Natalie, who wrote the book the program, seems to genuinely think this as well.
• 43:17
  SPEAKER_00: She was an early relationship of his, and he seemed to devote some of the considerable Nexium resources available to him to torment her.
• 43:27
  SPEAKER_00: Or at least she believes he did.
• 43:30
  SPEAKER_00: I also think many of the rank and file probably saw him this way.
• 43:36
  SPEAKER_00: There was a lot invested in the performance, and there were some true believers.
• 43:43
  SPEAKER_00: Then there are others like Alice and Mac, who I have a really hard time reading, and I think probably exist in some sort of middle ground.
• 43:53
  SPEAKER_00: She didn't come from a powerful family, and she seems to have genuinely hurt her Hollywood career by her.
• 44:00
  SPEAKER_00: Her involvement in Naxium, whether that was simply devoting time that could have been devoted to her acting career, or doing weird, embarrassing things like trying to recruit Emma Watson on Twitter.
• 44:15
  SPEAKER_00: But something did change at some point.
• 44:18
  SPEAKER_00: Because I don't know how else to read her secret recording where she talks about DOS with Keith.
• 44:24
  SPEAKER_00: She starts out saying her name, the date, and the time, which is something you do when you are trying to record something for legal posterity.
• 44:36
  SPEAKER_00: And then you have to square that with the fact that she went with him to Mexico and chased after the Federales once he was arrested.
• 44:45
  SPEAKER_00: Was that just an act?
• 44:48
  SPEAKER_00: Could have been.
• 44:50
  SPEAKER_00: How about Sarah Edmondson, who joined Nexium and eventually Turnstate's witness when Mark Vicente recruited her?
• 45:00
  SPEAKER_00: In both Alice and Mack and Sarah Edmondson's case, I suspect that they were true believers that at some point no longer believed in Nexium and no longer believed in Keith specifically.
• 45:13
  SPEAKER_00: Obviously, when it comes to basically everybody who had an episode named after them, I believe they had to have been consciously aware.
• 45:23
  SPEAKER_00: I don't know how else to interpret so many of their actions.
• 45:30
  SPEAKER_00: I think that we can say that this is part of something larger that existed before Nexium began and continued to exist after Nexium ended.
• 45:41
  SPEAKER_00: I've wrestled a lot with the ending, trying to figure out exactly what I mean by this, and whether it's something literal or something more symbolic.
• 45:51
  SPEAKER_00: I think on a more symbolic level, this is undeniable.
• 45:55
  SPEAKER_00: It is a continuation of the Manson cult and of work done at the Stanford Research Institute, a continuation of MKUltra and the Phoenix program.
• 46:07
  SPEAKER_00: It is a continuation of the New Age and self-help movements, a continuation of the industrial human trafficking that happened in the Balkan camps when Yugoslavia collapsed, and of every story of Mexican immigrants looking for a better life forced into domestic or sexual slavery.
• 46:29
  SPEAKER_00: It is preceded by the 1970s economic crash.
• 46:34
  SPEAKER_00: It happened during the 2008 crash, and will be followed by whatever crash comes next.
• 46:42
  SPEAKER_00: It is continued by the sort of algorithmic manipulation we see coming out of Silicon Valley and the intrusive 24-7 surveillance we all now live under.
• 46:57
  SPEAKER_00: It is continued in modern day juvenile centers in the most advanced anti-human cybernetics.
• 47:06
  SPEAKER_00: But it isn't just symbolic.
• 47:08
  SPEAKER_00: It's also quite literal.
• 47:11
  SPEAKER_00: It is literally preceded and continued by all of the powerful people we've covered in this series.
• 47:18
  SPEAKER_00: Preceded by Charlene Kaffritz and her relationship with Manson, and continued by the Kaffritz family's continued quiet connections to Washington, DC.
• 47:31
  SPEAKER_00: It is preceded by Bronfman bootlegging and continued by Sarah Bronfman and Voz at Igt and their various ethel corporations running behavior modification schools and laundering money to affect geopolitics.
• 47:47
  SPEAKER_00: It is preceded by the parents of Mark Vicente learning spy craft in South Africa and passing it along to their son, and it is continued by all of the propaganda and manipulative framing of the Nexium event he is engaging in to this day.
• 48:06
  SPEAKER_00: It is preceded by Nancy Salzman learning neurolinguistic programming from intelligence connected psychopaths like Richard Bandler and John Grinder, and continued in the psychology of Lauren Salzman, who has had these techniques used on her since the day she was born.
• 48:26
  SPEAKER_00: It is preceded by Oxenbergs of multiple generations committing awful crimes against their fellow humans with no consequences, and it is continued by them still shaping the public narrative.
• 48:43
  SPEAKER_00: It was preceded by NAFTA in the economic dismantling of Mexico and South America facilitated by Carlos Salinas or others like him.
• 48:54
  SPEAKER_00: And it has continued in the cruel financial scams being run by Emiliano Salinas as late as 2025.
• 49:02
  SPEAKER_00: It has continued in the mercenary groups that operate to this day in the intelligence of multiple countries that work in tandem with them.
• 49:11
  SPEAKER_00: It has continued in every lifelong scar that manifested both emotionally as well as quite physically in every person that was damaged.
• 49:20
  SPEAKER_00: It has continued in the seizure of things like the Luciferian patent, in the information held by Interfor or the Mexican elite or Nancy Salzman that was taken and used in ways we can only imagine.
• 49:36
  SPEAKER_00: History is only useful insofar as it can help us understand patterns and recognize them in the future.
• 49:43
  SPEAKER_00: Otherwise, it is just stories.
• 49:46
  SPEAKER_00: Sometimes it doesn't even feel like history studying these things.
• 49:50
  SPEAKER_00: Sometimes it feels like time is an illusion with the same things happening over and over again, with only the slightest of variations.
• 49:59
  SPEAKER_00: Those trying to tell simple stories about heroes and villains that can be described in an elevator pitch can't grab onto this feeling I'm describing because these stories have no analog, and their lack of context or connection to any wider reality is the point.
• 50:17
  SPEAKER_00: The system loves to waste your time and your mental energy telling you stories that don't mean anything.
• 50:23
  SPEAKER_00: What the evidence actually shows is an institutional network of elite families, transnational capital, government-adjacent corporate structures, and behavioral modification infrastructure that existed before Nexium had a name and continued after it was retired.
• 50:42
  SPEAKER_00: Keith Rainier is in prison.
• 50:44
  SPEAKER_00: The Process Capital Board members are not.
• 50:47
  SPEAKER_00: The Ministry of Finance concession holder is not.
• 50:50
  SPEAKER_00: The co-conspirator named in federal prosecution documents is currently running something called Human OS.
• 50:59
  SPEAKER_00: The network didn't end.
• 51:06
  SPEAKER_00: Alright, thank you so much, guys, for listening to this whole series.
• 51:45
  SPEAKER_00: And if you want to do something small for me to help this thing grow, uh five stars helps, reviews help, and I will be back shortly to do a series on the Chicago fire and the Haymarket affair and the Pullman strikes, which I am very excited about.
• 52:11
  SPEAKER_00: All taking place in late 1800s Chicago.
• 52:14
  SPEAKER_00: So if that sounds good to you, tune back in, and I will see you next week.