La Cutufa

La Cutufa was an illegal Chilean clandestine finance syndicate (dubbed after an official's dog^[1]) that offered investors, mostly officers of the Chilean army, tax-free interest rates of 20% a month. After a dissatisfied investor was murdered, 4 generals and 16 officers were cashiered and 200 sanctioned. According to the claimers, during its five years of operation, the army gang handled $50 million.

References

See also

• Chile under Pinochet
• Hugo Salas Wenzel

External links

• Article Rechnung ohne Witwe in German magazine Der Spiegel on 26. November 1990, in German language, retrieved on 26. June 2011
• Article In Chile, Army Scandal May Damage Former Dictator Pinochet by Leslie Crawford in Chicago Tribune on November 23, 1990, retrieved on 26 June 2011
• Article Profile: Chile Trying to Live With Democracy ... and Pinochet : The dictator turned over power last year but he still commands the army. He just won't go away in Los Angeles Times by William R. Long, on February 5, 1991