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News

David Murcia to deliver 18.3 billion pesos to DMG victims

by Ashley Hamer October 14, 2009
1.5K

david murcia, dmg, colombia news

This Tuesday, an agreement was formalized between the disgraced business tycoon, David Murcia Guzman, and the 1,800 victims of his DMG company’s money-laundering schemes.

According to a report by news station Caracol, Guzman has agreed to return exactly 18 thousand 330 million pesos to the victims who suffered at the hands of his money-laundering schemes.

The judge in the Guzman case as well as the plaintiffs agreed that after they receive this money they will not claim any more moral or material damages from Guzman or DMG.

The Guzman empire, DMG, was shut down by authorities in 2008 for being a ponzi scheme. On Tuesday Colombia’s Supreme Court gave the authorization that Guzman himself be extradited to the United States to stand trial for the crime of money-laundering.

corruptionDavid Murcia GuzmanDMGinjusticeUnited States

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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
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