Ponzi scheme DMG to compensate investors $11.7M
Colombian Ponzi scheme DMG must pay victims $11.7 million, a Bogota court decided Tuesday. The court ruled that DMG, which Colombian authorities said was a pyramid scheme that laundered money…
Colombian Ponzi scheme DMG must pay victims $11.7 million, a Bogota court decided Tuesday. The court ruled that DMG, which Colombian authorities said was a pyramid scheme that laundered money…
Colombian prosecutors ask the U.S. to surrender the assets of David Murcia Guzman, head of Ponzi scheme DMG, and return them to Colombia, in order to compensate those who lost money, newspaper…
A U.S. court authorized the return of 12 properties and $2 million that were owned by DMG, a Colombian company that stole more than $400 million through a Ponzi scheme.…
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…
The brother of former DMG director David Murcia called a meeting in the southern Colombian city of Tunja Friday, at which he will explain to former investors how their lost…