A former partner of alleged ponzi scheme and money launderer DMG has
US$75 million of the missing US$390 million in his possession, the
lawyer of DMG boss David Murcia said Tuesday. So far, authorities were
able to recover US$37 million.
Lawyers of DMG boss David Murcia announced to sue former DMG partner Luis Fernando Cediel for illicit enrichment. “We have learned that Cediel took no less than about 160 billion pesos, US$80 million of the victims.
“I think phase two of the DMG [trial] will come. We have to bring Luis Fernando Cediel to justice. He was the pillar together with [DMG’s legal adviser] Margarita Pabon of many crimes for which David Murcia is responding [standing trial],” lawyer Salazar Pineda told local media.
Cediel allegedly is hiding the money in Venezuela.
215,251 people who lost their money in the DMG shutdown are waiting for reparation. A total of US$390 million is still missing.