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Julio Ponce Lerou is a Chilean forest engineer and businessman who is the principal shareholder of Soquimich, the largest lithium producer in the world. [1] He is a former son-in-law of Chilean dictator Augusto Pinochet. [1] [2] Ponce was president of Chilean state-owned forestry company Complejo Forestal y Maderero Panguipulli until 1982 while he was simultaneously president of CELCO, a wood pulp company. [2]
As of 2014 [update] , Ponce is 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]