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News

First DMG executive released

by Adriaan Alsema January 8, 2011
1K

Colombia news - daniel angel rueda

A Colombian judge ordered the release of one of the directors of pyramid scheme and alleged money launderer DMG.

The judge ruled that former director Daniel Angel Rueda was a free man after having served 60 percent of his two and a half year prison sentence.

Before going to jail, Rueda made a plea bargain with the Prosecutor General’s Office and was offered a reduced sentence in return of his collaboration with justice.

DMG founder David Murcia, who refused any collaboration with Colombian justice, was extradited to the United States in January 2010 and is awaiting trial on money laundering charges.

The dismantling of DMG in late 2009 caused heavy riots in Colombia where some 200,000, mostly poor, Colombians had “invested” their money in the pyramid scheme.

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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
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@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top

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
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion