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.
Colombian media reported that the assets, which were located in Florida and California, will be handed over to Maria Mercedes Perry, the asset liquidator in the DMG case. The Colombian government has been trying to seize and liquidate all of the assets of the shamed company to return to the hundreds of thousands of Colombian who lost their savings in the scheme.
The former head of DMG, David Murcia Guzman, was sentenced to nine years in a U.S. prison in July for laundering money through his company’s Ponzi scheme.
According to RCN Radio, this is the first time a foreign government has returned assets acquired illegally from Colombia.
Mercedes Perry will reportedly start redistributing these assets in December.