The Los Angeles Times profiles Enrique Portocarrero, the Captain Nemo of Cocaine. The 45-year-old Colombian is credited with building and designing over 20 submarines used to transport drugs from Colombia to México and Central America. (via Metafilter)

Colombia has extradited Diego Montoya, one of the country's top drug lords, to the U.S. to face murder and drug trafficking charges.

Law enforcement officials in Panamá have extradited a Colombian man who is allegedly the organizer of a large pyramid scheme that robbed hundreds of Colombians of nearly $200 million.

A Colombian teacher tells the BBC how she and "90 percent of people" in her town were scammed out of hundreds of thousands of dollars: "People want a better life. It wasn't just the poor who did this, some very rich people put money in too." Colombia declared a state of "social emergency" on Monday.

Thousands of people in Colombia rioted in the streets after discovering phony companies had robbed them of their savings with pyramid schemes.

Colombian President Alvaro Uribe has promised to intensify his country's collaboration with Mexico to fight drug cartels: "When you live in a country like Colombia that has already faced that intense fight against crime, one is very happy to see efforts like those of President Calderón."

Plan Colombia, the $5 billion anti-drug package sent to Colombia failed to curb drug production but managed to "improve security" against rebels, according to the U.S. Government Accountability Office.

Colombia's army commander has resigned after 27 other military officials were implicated in a plot to murder civilians so they could inflate their kill rate.

Colombia's government has fired three army generals and over 20 soldiers who are suspected of killing civilians to inflate their statistics on the amount of rebels killed.