Since 1982, Colombian

Since 1982, Colombian law penalizes mass uptake in Colombia and habitual professional offense of money by individuals or companies not authorized, is that any person or institution providing financial services must be authorized by the Superintendencia Financiera or guilty of an offense . This definition is intended to apply to Ponzi schemes, and even the pyramids open. Following the public outcry over DFAE in November 2008 the government decreed a state of social emergency and issued decrees authorizing under this to the Superintendence of Commerce to intervene and shut down businesses that are deemed suspicious to capture public funds, lend money at usury or money laundering, among other financial crimes.