Colombia’s Prosecutor General’s office seized 656 properties with a
joint value of US$63 million belonging to suspected money launderer and
pyramid scheme DMG.
According to the Prosecutor General’s office, the property will be sold to benefit those who lost money in the company.
The properties were seized in several parts of the country and include DMG’s main office in Bogotá with an estimated value of US$39 million.
DMG is currently being investigated for laundering drug money and is said to be a pyramid scheme. Hundreds of thousands of Colombians allegedly invested their savings in the company. Money that’s now lost.