Former DMG director David Murcia, convicted of managing a Ponzi scheme that defrauded hundreds of thousands of Colombians, was surrendered to U.S. authorities in Bogota Tuesday to face charges of…
David Murcia Guzman, the disgraced founder and head of the DMG corporation, was sentenced Wednesday by a Colombian court to 30 years and eight months in prison. This decision comes…
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…
Former DMG executive Marco Antonio Bastidas Beltran was sentenced to 13 years and six months in jail for money laundering and giving and receiving bribes, RCN Radio reported Wednesday. A…
Hours before his expected extradition to the U.S., former DMG director David Murcia reaffirmed his political aspirations and said he will be proved innocent of the charges against him. In…
Following the approval of Colombian President Alvaro Uribe, former DMG director David Murcia was moved to a Boyaca prison on Monday from where he is likely to be extradited to…
A Colombian criminal court on Wednesday approved the U.S. extradition request of former DMG partner, William Suarez. The Federal Court for the Southern District of New York requested the extradition…
A Colombian man with links to DMG, a pyramid scheme that bilked Colombians out of hundreds of millions of dollars was deported by Venezuela on Thursday to the United States,…
Luis Fernando Cediel, the remaining member of financial company DMG’s money-laundering team still at large, was captured in Venezuela Wednesday. He was found hiding in a tourist cabin in Falcon…