“Colombia’s most wanted FARC dissident killed in Venezuela”
Colombia’s election campaigns come to an end amid...
Francia Marquez
Colombia investigating attacks against media and journalists
Why State mafia allies threaten Colombia’s democracy
Colombia’s establishment candidate disappoints in election polls
Colombia’s far-right trying to postpone presidential elections
Colombia’s opposition embarks on anti-election fraud offensive
Establishment candidate in Colombia’s elections linked to mafia
Far-right group goes from opposing communism to opposing...
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Lite

David Murcia turns business guru in US jail

by Camilla Pease-Watkin March 10, 2010

david murcia, dmg, colombia

David Murcia Guzman, who was convicted of tricking hundreds of thousands of Colombians out of their savings through pyramid scheme DMG, has reportedly become a business guru for fellow inmates in his U.S. prison, reported Caracol on Wednesday.

According to the convict’s brother, Cristian Murica, the imprisoned DMG boss is constantly consulted by other inmates, especially those of Latin American origin, on how he ran the fraudulent business.

Prisoners are apparently keen to learn how the Colombian succeeded in channelling over $2 million into company hands over a period of seven years.

Murcia’s brother told reporters that the former DMG director is admired by the other inmates, and is happy to pass his expert knowledge to the eager ears of his fellow criminals.

The disgraced head of the Colombian Ponzi scheme is currently serving a 26 year and four month sentence for the crime of money laundering, and an additional 51 months for stealing public resources.

David Murcia GuzmanDMGmoney launderingponzi schemeprisonsUnited States

Trending

  • Colombia’s far-right trying to postpone presidential elections

  • Establishment candidate in Colombia’s elections linked to mafia

  • Colombia’s establishment candidate disappoints in election polls

Related articles

  • Colombia’s opposition dismisses US claim of ‘Russian threat’

  • Colombia extradites legendary warlord “Otoniel” to US

  • Colombia’s conflict victims frustrate Otoniel’s extradition to US

  • RSS

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top