La Cutufa was an illegal

Chile Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the east a ...

an clandestine finance syndicate (dubbed after an official's dog) that offered investors, mostly officers of the Chilean army, tax-free interest rates of 20% a month. It was created by Major Patricio Castro Muñoz, a high-ranking official of the CNI (the Chilean secret police during the last 13 years of the

Pinochet dictatorship Augusto José Ramón Pinochet Ugarte (, , , ; 25 November 1915 – 10 December 2006) was a Chilean general who ruled Chile from 1973 to 1990, first as the leader of the Military Junta of Chile from 1973 to 1981, being declared President of ...

), and was active from 1984 to 1989. After a dissatisfied investor, restaurant impresario Aurelio Sichel, was murdered by CNI agents, 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

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* Articl
Rechnung ohne Witwe
in

German German(s) may refer to: * Germany (of or related to) **Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **Ger ...

magazine

Der Spiegel ''Der Spiegel'' (, lit. ''"The Mirror"'') is a German weekly news magazine published in Hamburg. With a weekly circulation of 695,100 copies, it was the largest such publication in Europe in 2011. It was founded in 1947 by John Seymour Chaloner ...

on 26. November 1990, in German language, retrieved on 26. June 2011 * Articl
In Chile, Army Scandal May Damage Former Dictator Pinochet
by Leslie Crawford in

Chicago Tribune The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television ar ...

on November 23, 1990, retrieved on 26 June 2011 * Articl
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 The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the Un ...

by William R. Long, on February 5, 1991 Military history of Chile Political scandals in Chile Political history of Chile

See also

References

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