Julio Ponce Lerou

In this Spanish name, the first or paternal surname is Ponce and the second or maternal family name is Lerou.

Julio Ponce Lerou is a Chilean billionaire who is the principal shareholder of Soquimich.^[1] He is a former son-in-law of Augusto Pinochet.^[1][2] Until 1982 he was president of Chilean state-owned forestry company Complejo Forestal y Maderero Panguipulli while he was simultaneously president of CELCO, a wood pulp company.^[2]

Ponce is currently accused of a millionaire fraud and embezzlement that affects the pension funds of millions of Chilean citizens under what is known as the "Cascadas" case.^[3][4][5]

In his youth, he attended the University of Concepción, where studied medicine for a year.^[6] Then, he finished his Bachelor of Arts at the University of Chile.^[6]

See also

• Crony capitalism

References

1. "Meet Chemicals Billionaire Julio Ponce Lerou, former son-in-law of Chilean Dictator Augusto Pinochet". Forbes. Retrieved 17 January 2014.
2. INFORME COMISION PRIVATIZACIONES CAMARA DE DIPUTADOS 2004 Archived 2008-08-21 at the Wayback Machine Retrieved 29 September 2009.
3. "EyN: Caso Cascadas: Los episodios clave para entender la investigación que remece al mercado".
4. "PULSO". Archived from the original on 2013-09-24. Retrieved 2014-03-10.
5. "nacion.cl - Experto aterriza el enredado caso de las sociedades cascadas". www.lanacion.cl. Archived from the original on 2014-03-10.
6. "El obrero que se convirtió en millonario". Economía y Negocios. 25 April 2015. Retrieved 19 April 2022.