Columbia has extradited to US the leader of a Pyramid Scheme which defrauded at least two hundred thousand people of nearly two billion dollars. David Murcia Guzman who was sentenced in Columbia to thirty years in prison will be charged in New York for money laundering and conspiracy charges. Guzman deceived hundreds of thousands Columbians, many of those poor, of hundreds of millions of dollars. Once his scheme collapsed, there was rioting and civil disorder in many parts of the country. If convicted in the United States of money laundering charges, Guzman faces up to twenty years in an American prison cell.
News On AIR | January 6, 2010 10:04 AM
Columbia extradites money launder to US