Sábado, 25 de febrero de 2017

| 2008/11/14 00:00

Colombia seeks to recover millions after scam

Nov 15 -- Colombian authorities scrambled today to recover hundreds of millions of dollars lost in pyramid schemes and offered to help poor Colombians who lost their shirts in the massive scam.

Colombia seeks to recover millions after scam

The collapse of the pyramid schemes has sparked riots, looting and worries over the impact on a slowing economy.

At least one person has been killed in violence triggered by the collapse around the country of illegal agencies such as DRFE or "Quick, Easy, Effective Cash", which allegedly lured thousands of small investors with promises of returns of up to 150 per cent.

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