DMG calls meeting with former investors

The brother of former DMG director David Murcia called a meeting in the southern Colombian city of Tunja Friday, at which he will explain to former investors how their lost money will be returned, Caracol Radio reported.

Cristian Murcia invited investors to the Tunja suburb of Asis at 4pm to discuss how they will be reimbursed for the money they lost when the government shut down the alleged Ponzi scheme and money launderer DMG.

Cristian Murcia will invite people to reinvest the money they lost, potentially in another pyramid scheme, according to advertising sourced by Caracol Radio.

Hundreds of thousands of Colombians are estimated to have lost their life savings after the government closed the company and arrested all its executives.

David Murcia and his former associate William Suarez are in a Boyaca prison awaiting extradition to the U.S.

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