Thousands of Investors in Pyramid Schemes Riot to Get Money Back in Columbia

Police used batons and tear gas to control angry investors who were looting local businesses. Curfews were declared in several cities.

In Popayan in the southwestern department of Cauca, 2,000 depositors stormed investment firm’s offices.

In Pereira, in Risaralda, police caught two men hurrying out the back door of a scheme’s office with suitcases of cash. After bribing police with one of the suitcases, they are now in custody — protected from investors who have threatened to lynch them.