DMG victims to receive 240,000 pesos as compensation

The 214,000 officially recognized victims of DMG, the popular
investment company the government shut down necause of alleged money
laundering, will receive 240,000 pesos (US$93) to compensate their
losses.

According to chief controller of the shut down company, María Mercedes Perry, the authorities have only been able to recover 52 billion pesos (US$20 million) of the 1.73 trillion (US$661 million) the victims say they had invested in the company.

According to Perry, the amount of money people can claim can be raised if the authorities are able to find more of the disappeared money.

The shutdown of DMG led to heavy unrest in many parts of Colombia. The authorities accuse DMG and it’s director David Murcia of money laundering, while many of the mostly poor investors of the company see him as a Robin Hood that gave them more their money worth than the Colombian banks, who generally charge more for having a bank account than they give interest.

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