- Pfizer Plans to Cut Up to 2,400 in Sales Staff
- Layoffs Picking Up Speed—Is Your Firm On the List?
- Worst Is Over for Banks—Not Economy: Pimco's Gross
- Obama: Economy Will Worsen Even With Stimulus
- What's In the Stimulus Plan
- GE Capital to Slash Up to 11,000 Jobs to Cut Costs
- US Weighs New Plan to Buy Banks' Bad Assets: Bair
- Barclays, UK Banks Crash on Short-Selling, Jitters
- Where Has the TARP Bailout Money Gone?
- Your First Move For Tuesday January 20th
- Web Extra: Sign Of Bottom For Autos?
- Big Earnings on Deck
- Ratigan Favorite: The Bailout Video Game
- Pops & Drops: McDonald's, Kimberly-Clark...
- Investing In Uncle Sam’s Shadow
- Is a “Bad Bank” The Answer?
- Stocks Rise In Face Of Bank Bailouts
- Market Orders Are for Suckers
- Russia, Ukraine reach gas deal as Europe waits
- Super Bowl remains a big bash, but ads toned down
- Financial burden of homeownership spread unequally
- Report: Iran cuts oil supplies to customers
- Czechs send emergency gas to Slovakia
- Taiwan distributes vouchers to spur economy
- Technology to block phones in cars isn't foolproof
- A look at some Super Bowl advertisers
- Rival studios reach deal on ‘Watchmen’
Colombia arrests 2 suspects in pyramid scheme
BOGOTA, Colombia - Colombian police have arrested two more suspects in a pyramid scheme that authorities say cheated at least 200,000 people.
Police say 41-year-old William Suarez and 67-year-old Maria Amparo Guzman were captured Saturday at a farm north of the capital. Both face money laundering charges.
A police statement says more than 250 million pesos ($113,000) were seized from Suarez.
Suarez was a partner in DMG, which was shuttered in November. Authorities called it a pyramid scheme that laundered drug money and raked in hundreds of millions of dollars last year.
Guzman is the mother of DMG owner David Murcia and was allegedly involved in the company.
Murcia is already in jail; his wife was arrested Jan. 13 in Uruguay.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



