
A quiet Argentine town best known for its oranges has become the symbol of a Ponzi scheme plague sweeping the crisis-hit nation that has cost thousands of people their savings.
Nearly 30 percent of the population of San Pedro, a town of 70,000 people situated about 170 kilometres (106 miles) north of Buenos Aires, fell for an investment app peddled by two actors posing as businessmen that promised up to 2 percent daily returns paid in cryptocurrency.