Chilean police arrested three executives of an investment firm accused of alleged fraud in the amount of 22 million dollars following a complaint from some 600 people.
The national chief of the Brigade of Economic Crimes Investigations Police of Chile (PDI), Hugo Perez, said the amount is expected to continue to grow along with the number of cases scammed.
Patricio Santos Hernandez, Rodolfo Dubo and Camilo Cruz Hernandez, AC Inversions company, were remanded in custody by order of the Attorney East and Thursday will be prosecuted for fraud and reaches 22 million and add 600 complaints.
But it has emerged that more than 5,000 people were defrauded by the firm that offered customers monthly returns of between 2.5% and 7.5%, an unexpected figure for the Chilean market.
"It was established that, ultimately, these people (executives) just did not make investments as was the course of business," said Perez.
Meanwhile, the prosecutor Pablo Norambuena explained that through the legal framework of the company "the three defendants executed and reitearon behaviors that are tort".
For his part, Economy Minister Luis Felipe Céspedes, reported that the ministry, through the National Consumer Service (Sernac), is giving the Public Prosecutor all the history that has in its possession about the alleged fraud committed by AC Inversions .