Colombia’s Supreme Court Wednesday approved the extradition to the U.S. of DMG associate Margarita Pabon on money laundering charges.
Pabon was a close aide of David Murcia, the extradited leader of alleged Ponzi scheme and money laundering operation DMG.
The lawyer is the third DMG member to be extradited. DMG boss William Suarez was extradited along with Murcia.
According to Colombian authorities, DMG was a pyramid scheme that laundered money for local drug lords. Murcia always defended his business as legitimate, and claims that he is being persecuted in order to defend the interests of established Colombian banks.
Hundreds of thousands of Colombian lost their savings when police shut down all activities of the company late 2008. Most of the money that had been “invested” in DMG is still missing.
