This week we started documenting Leonardo Cositorto’s travels throughout Colombia.

Talking to Colombian radio station W Radio simply over every week in the past, Cositorto maintains he’s in Colombia legally.

Cositorto is founding father of the collapsed Era Zoe Ponzi scheme.

He purportedly has an Interpol pink discover out on him from Argentina, making his free journey throughout Colombia all of the more odd.

Slightly than acknowledge he’s wished for fraud, Cositorto (proper) attributes Argentina’s warrant to “political persecution”.

He went on to inform W Radio;

I’ve already clarified that on many events, I cannot transfer ahead till the decision in second occasion that was requested for the request for freedom for my particular person is resolved, this to have the ability to current myself, along with the second I’ve not been subpoenaed.

I can journey with none downside, that was a request from the prosecutor who’s conscious of the case and has a little bit of a heavy hand, however at that second I’m approaching cities in Colombia as a result of the issue right here is political, as a result of they took some photographs of me from a political act.

Argentinian authorities started the Era Zoe crackdown in mid February. Cositorto was noticed shilling for a Colombian senate hopeful virtually a month later.

In case it wasn’t clear, Cositorto claims Argentinian authorities are persecuting him for political acts he hadn’t dedicated on the time.

When particularly requested about his Ponzi scamming, Costitorto acknowledged he’d achieved “extraordinary outcomes”.

In case you’re questioning how Cositorto evaded seize, he did so through inside assist.

On March ninth Argentine authorities arrested First Corporal Guillermo Ardiles.

Ardiles, a Federal Police officer since 2014, has been charged with aggravated concealment.

Prosecutors allege Ardiles leaked delicate info to Era Zoe leaders previous to final month’s raids.

Two different law enforcement officials have been arrested in connection to Era Zoe. One in all them, arrested on February twenty third, was launched on March 18th.

Officer Juliana Bollea maintains she is a sufferer of the Ponzi scheme. An investigation into her involvement revealed social media posts made “in direction of the tip of 2021”.

Within the posts Bollea confirmed off a brand new Fiat Cronos buy, attributing the acquisition to and thanking Era Zoe.

Argentine Prosecutors are additionally searching for the arrest of Hector Luis Yrimia.

Yrimia was Era Zoe’s authorized adviser. He’s wished on monetary fraud fees associated to the Ponzi scheme.

Information of Yrimia’s arrest warrant dropped on Thursday and was accompanied by further raids.

Argentine authorities raided Yrimia’s regulation workplaces, in addition to these of Norman Prospero.

Prospero labored as Era Zoe’s CFO and was arrested final month.

Prosecutors consider Yrimia has fled Argentina late final yr after being tipped off. Like Cositorto, he’s now a fugitive on the run.

A 3rd raid was performed on a home belonging to the daughter of Maximilano Batista.

The raid led to seizure of computer systems, telephones, money and a Mercedes-Benz.

Batista is seen as second accountable for Era Zoe, below Cositorto.

There appears to have been some confusion as to his standing. Again in mid February Cositorto was believed to be one among two Era Zoe executives arrested – therefore the byline for the picture above.

Seems Batista additionally fled overseas. After his daughter’s home was raided, Batista, by way of his lawyer, has introduced he’ll return to Argentina to face justice.

Batista’s lawyer claims his daughter

doesn’t even know what Zoe is.

I don’t know why they raided her. She obtained the fright of her life and so they handled her fairly badly.

Batista is predicted to reach in Argentina on Monday March twenty first.

Twelve Era Zoe scammers have been arrested in Argentina up to now, with that quantity anticipate to rise over the approaching weeks.

On March seventeenth a federal choose approved ten further raids in Argentina.

The choose ordered the seizure of all accounting and company books of firms linked to Era Zoe and of “all of the contracts that they’ve signed”, along with computer systems which are within the properties.

The raids ordered within the metropolis of Buenos Aires and Buenos Aires localities search to “deepen the investigation into the origin of the funds that made the exponential development of Era Zoe potential.

The creation of firms by way of which tens of millions had been moved by way of can be being investigated.

Between March and November 2021, 14 industrial firms had been created, a few of them on the identical day.

Amongst these are “Prioli Construcciones SA”, “Generación Zoe SA”, “Universidad del Buying and selling SA”, and “Zoe Construcciones SA”, integrated on March 18, 2021.

Actions of greater than seven million {dollars} had been detected in digital wallets, even if lots of the firms didn’t register industrial actions.

Whereas on the run, Cositorto has launched Era Zoe’s successor, Dawn Coach.

Cositorto claims Dawn Coach has signed up 40,000 buyers at $2000 a pop. This declare has not been verified.

He maintains Era Zoe collapsed attributable to “issues, bribes and individuals who invented issues”.