Coljuegos fines Javier Arias Castañeda COP116m for illegal raffle
Enforcement & compliance1 min read
Source: Coljuegos (Colombia)
Coljuegos fined Javier Arias Castañeda COP116m for operating and marketing an unauthorised raffle to the public through Instagram in Colombia. The resolution also bars him from operating games of chance for five years after it becomes final, while Coljuegos said it had referred an alleged criminal offence to the Fiscalía.
Javier Arias Castañeda has been fined COP116 million over the operation and marketing of an unauthorised public raffle on Instagram, Coljuegos said.
The fine is payable to Coljuegos, along with any late-payment interest incurred under the applicable rules. The resolution bars Arias from operating games of chance for five years after it becomes final.
Coljuegos said its administrative process included an investigation, charges, defence submissions and closing arguments. The regulator said it was continuing proceedings against Arias, alleging that he was still operating unauthorised raffles through social media. Coljuegos said it had referred an alleged offence under Article 312 of the criminal code to the Fiscalía General de la Nación.