Murcia has $3.5 million in assests: Panama

William Parodi, an expert in financial crime from the Panamanian Prosecutor General’s Office said that authorities began to evaluate Murcia’s assests confiscated after his arrest because they hoped to provide compensation to the 779 victims of Murcia’s scheme in Panama.

Parodi said that Murcia’s assets would probably be sold “as soon as possible” and the money from the sales distributed to the victims of the investment scam by the court.

The official added that more of Murcia’s assets are still being tracked and uncovered.

Murcia lived in Panama before he was arrested in November 2008 and extradited to Colombia. He is on trial in Colombia for allegedly leading a pyramid scheme and laundering money for drug lords.

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