Julio Ponce Lerou


Julio Ponce Lerou is a Chilean billionaire who is the principal shareholder of Soquimich.
He is a former son-in-law of Augusto Pinochet. 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.
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.