Julio Ponce Lerou

Julio Ponce Lerou is a Chilean billionaire who is the principal shareholder of Soquimich.

[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] This business-related Chilean biographical article is a stub.