Colombia extradites pyramid scheme suspect to US
(AP) — Colombia has extradited a suspect in the nation's most notorious pyramid scheme to face trial in the United States.
William Suarez is wanted by a New York court on money laundering charges.
Colombian authorities allege that the 42-year-old Suarez was the principal partner of his brother-in-law David Murcia, creator of the company DMG.
Authorities say DMG offered investors interest rates far above what banks offer, but was actually a pyramid scheme that bilked Colombians out of millions of dollars.
Gen. Luis Ramirez of the judicial police says Suarez left Colombia Thursday morning on a plane supplied by the U.S. Drug Enforcement Administration.
Murcia was previously extradited to the United States.
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