In the heart of the Providencia neighborhood there was a illegal financial pantry. Behind the counter was Ariel Joaquinwho was a driver for the Coniferal company, and circulated millions in cash in both pesos and dollars. He enticed longtime neighbors with the promise of a large monthly interest payment. From one day to the next it disappeared and the victims lost their savings in times where it is difficult to protect a currency.
In 2019 everything came to light and the main base of operations that it used for at least 10 years was discovered: it only had the facade as a pantry. The Ninth Crime Chamber sentenced Ariel Joaquin to three years in prison for 38 acts of fraud. In addition, they ordered him to undergo psychiatric treatment, perform community tasks for a CPC in Córdoba, and comply with the rigorous requirements imposed on him.
The victims’ lawyer, Carlos Nayi, clarified in The Lizard Show that the convicted person “has no criminal record and can remain free,” as long as he responds to what is imposed by law. Before hearing the verdict, the bus driver “raised his hand and confessed his participation in all the events, apologizing.”
+ VIDEO: The former Coniferal driver was convicted of 38 scams
Nayi revealed that “circles of 500 thousand dollars and 10 million pesos were moving and he ended up ambushing his own neighbors and for 10 years he paid the interest service.” He also detailed that he “moved around in high-end cars and traveled to exotic places in the world and brought gifts to neighbors.”
“The neighbors trusted what they saw, in the police presence that guarded the place a few meters away and the speech of the man who said that the money was to pay the salary of the Coniferal company that is going through a bad time,” he added. the lawyer for the victims.
+ SEE MORE: The pantry that was a table of money: a victim spoke
He also recalled another piece of information that emerged from the investigation: “The interest payment was in an envelope that had the label of a bank in Córdoba.” However, Carlos Nayi stressed that “it was proven that there was no direct or indirect participation by Coniferal or the bank” and stated that “it was a ruse that the man had set up with great power of conviction supported by everything he showed.”
The suspicion of the Justice of Córdoba is that Ariel Joaquín did not carry out the scams in absolute solitude, but “the evidence did not allow us to prove the participation of third parties and that is why he was convicted.”
