Hundreds of investors in the Uruguay Agricultural Investment Scheme, including accountant Sandra Paleon, cannot find their bought cows. According to the documents, he has 61 head animals, but in reality they are not found. The scheme that offered investment in cattle, promising 7-10% yield in dollars, turned about $ 350 million in fraud. Three large companies have gone bankrupt and are now in the center of the attention of law enforcement. One of them, the co-owner of "Conexión Ganadera", died, collests with Tesla car. Death was recognized suicide. After that, many investors have started noticeing delays and apply to law enforcement.
The National Livestock Register of Uruguay, which has been considered an exemplary, South America for many years, is in the center of criticism. Lawyers say that the animals have never been, and the data presented in the register simply entered without verification. In some cases, it turned out that the company introduced thousands of children livestock as collateral, but only dozens were available.
Among the injured are ordinary citizens, pensioners, and even clergymen. They require clarification, as possible, the state will allow such a large scope of deception without control. Paleiro, who has invested all his pension savings, says: "We have saved these money for years. Now we want justice, "Reuters reports.
