The Financial Superintendence of Colombia ordered Maxtoppings S.A.S and Cracks Inversiones S.A.S to immediately stop unauthorised collection of money from the public and to return the funds raised. The supervisor found the companies had taken money from at least 177 people, totalling COP 2.317bn, without providing a real good or an effective service in exchange. The order, issued through Resolution 1768 of 23 September 2025, names Juan Martín Zapata Garzón and Stephan Eduardo Trujillo Velásquez as the companies’ legal representatives. The firms were found to have promoted the project “La tierra es Nuestro Cielo R-12” via word of mouth and online meetings, enrolling investors through “Participation Account and Investment Contracts” and promising fixed monthly returns and repayment of principal within a defined period. The Financial Superintendence forwarded the resolution and case file to Colombia’s Superintendence of Companies to initiate an intervention process, and also referred the matter to the Office of the Attorney General for criminal investigations.
Superintendencia Financiera de Colombia 2025-10-16
Financial Superintendence of Colombia orders Maxtoppings S.A.S and Cracks Inversiones S.A.S to halt unauthorised public deposit-taking and repay COP 2.317bn
The Financial Superintendence of Colombia ordered Maxtoppings S.A.S and Cracks Inversiones S.A.S to cease unauthorized public fund collection and return COP 2.317bn to investors. Led by Juan Martín Zapata Garzón and Stephan Eduardo Trujillo Velásquez, the companies enrolled at least 177 investors through misleading contracts. The case has been referred to the Superintendence of Companies for intervention and the Attorney General for criminal investigation.