Era Zoe Ponzi scammer Leonardo Cositorto has lastly been arrested.
Cositorto had been on the run in Colombia, brazenly flaunting an Interpol issued worldwide arrest warrant.
Regardless of publicizing his actions all through Colombia, it wasn’t Colombian authorities who nabbed Corsitorto.
He was picked up on April 4th within the Dominican Republic.
Information of Cositorto’s arrest broke by means of his Argentine lawyer, Miguel Angel Pierri.
I spoke with Leo lower than half-hour in the past. There was a police fee close to the place he’s at present. I believe it’s nonetheless Dominican or Colombia, there was a change of place over the weekend.
So the story goes, someday over the previous couple of days Cositorto fled Colombia and entered the Dominican Republic illegally. There he stayed in a $100 a day apartment.
After one Zoom name over the weekend from that apartment, authorities have been in a position to geo-locate Cositorto and transfer in.
He had been needed in Colombia, significantly in Cartagena de Indias the place it’s estimated that he had been hiding since his departure from Argentina.
Investigators tracked him down because of the transmissions he made by means of Zoom and YouTube to keep up his scheme, with traces of IP numbers and video evaluation.
Citing “high-ranking sources”, Infobae experiences Cositorto’s time on the run was spent “by no means liv(ing) poor”.
Upon illegally getting into the Dominican Republic, Cositorto booked lodging in Juan Dolio by means of AirBNB. Earlier than heading to Colombia, Cositorto had beforehand stayed in a $300 a day Dominican resort.
It’s unclear whether or not Colombian authorities had any position in Cositorto’s apprehension within the Dominican Republic.
Additionally unclear is why Colombian authorities have been unable to arrest Cositorto throughout his month-long keep, and the way he was in a position to depart the nation regardless of having a global arrest warrant out on him.
With out going to far down the conspiracy rabbit gap, I’d be stunned if Cositorto wasn’t below some type of unofficial safety in Colombia.
In any occasion, it’s nice to see authorities within the Dominican Republic are able to making MLM Ponzi associated arrests – albeit on the behest of one other nation.
CashFX Group is suspected to be far larger than Costitorto’s Era Zoe and has been operating for longer. CashFX Group relies out of the Dominican Republic and run by Dominican nationwide Huascar Lopez.
Dominican authorities have refused to take prison motion in opposition to CashFX Group or Lopez. Native authorities have to this point solely been prepared to difficulty a belated securities fraud warning final November.
Trying ahead it’s doubtless Leonardo Cositorto will now be extradited to Argentina, the place he’s needed on Era Zoe fraud expenses.
Replace sixth April 2022 – Cositorto is scheduled to be extradited to Argentina as early as subsequent Monday.