Latin American Herald Tribune | 5/7/2009 12:00:00 AM
Prosecutors: Panamanians Lost $3.5 Million in Colombian Pyramid Scheme
May 07 -- Panamanian investors in an alleged pyramid scheme run by Colombian David Murcia Guzman – arrested in that Central American country in November and currently jailed in Bogota – were swindled out of some $3.5 million, prosecutors said.
Panamanian authorities are calculating the monetary value of the assets confiscated from Murcia following his arrest with the aim of reimbursing investors for their losses, Parodi told Efe.
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