A Bogotá judge ruled that 11 billion pesos (US$5.3 million) the Prosecution seized from
suspected money launderer and pyramid scheme DMG must be returned to
the victims of the company.
The judge responded positively to a group of the company’s ‘investors’ that had demanded the money was to made available for them. The savings of these mostly poor investors had ended up being confiscated, without them having the right to claim their money.
The lawyer of DMG director Dabid Murcia Guzmán welcomes the ruling. “This decision demonstrates we were right. You can not separate the legal and administrative proceedings against a company and leave the victims without assets,”
DMG is suspected to have defrauded hundreds of thousands mostly poor Colombians.