Mexico’s $6 Billion Ponzi Scheme: Government and Private entities scammed.

Two businessmen (René Dávila de la Vega and Roberto Guzmán García) convinced multiple Mexican public-institutions to invest public funds (≈ 6,000 million pesos ≈ US 342 million) in instruments that resembled a classic Ponzi-scheme.” For nearly a decade, this Ponzi-style network of shell firms and complicit intermediaries evaded oversight, exploiting weak governance, opaque ownership, and high-yield promises. They exploited the use of shell companies, trusts/fideicomisos, and which purported to issue “certificados bursátiles fiduciarios privados” (private debt certificates) through a bank/house-broker but lacking real underlying collateral or business.
Private organizations face similar vulnerabilities:
- Unverified counterparties and beneficial owners
- Unregulated/unregistered instruments or offshore structures
- Insider collusion and inflated returns
At Obsidian Group Analytics (OGA), we help clients detect these risks early using enhanced due diligence, network mapping, and closed-source intelligence to expose shell entities and prevent financial loss before it happens.