Skip navigation

Current DateTime: 01:23:43 18 Jan 2009
LinksList Documentid: 24355697
  • Cost of Chronic Pain Relief

      Patients suffering from cancer, AIDS, and other diseases claim marijuana relieves their symptoms. Here’s what some clinics are selling.

  • What's New in Detroit?

      There's something for everyone at the Detroit Auto Show-new-generation hybrids, fast and furious wheels, the lap of luxury and limited-edition, million-dollar marvels.

  • Best Selling Adult DVDs

      Adult Entertainment is a multi-billion dolllar industry. Video sales and rentals account for almost 30% of the overall pie. So, what films are selling best?

  • See Our Entire Slideshow Archive
Colombia arrests 2 suspects in pyramid scheme
By: The Associated Press | 17 Jan 2009 | 09:12 PM ET
Text Size

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 This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print EmailAdd This share icon

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis