Colombia’s General Prosecutor has issued formal criminal charges against businessman Jorge Arturo Moreno Ojeda, better known as the “Tsar of private surveillance”. The businessman, currently believed to be in hiding, has been charged with the crimes of procedural fraud and engaging in uncompetitive agreements. Moreno Ojeda is thought to have benefited for years from multi-million dollar contracts for private security services.
Ojeda is accused of creating several companies, naming trusted individuals at the helm while maintaining overall control. These companies would then present individual bids for government contracts, with the aim of securing said contracts with one of their proposals.
The accused is believed to have operated this cartel between 2011 and 2012, securing contracts for security services for the Coldeportes agency, the Institute for Recreation and Sport (IDRD), Bogota’s Ministry for Social Integration and several other national and local entities.
Full Content: El Espectador
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI