Exclusive: Chilean Robin Hood? Artist Known as "Papas Fritas" on Burning $500M Worth of Student DebtYou may know the adventures of Robin Hood and Zorro, outlaws fighting for the poor. Today we meet the newest member of that club, a Chilean activist who goes by the name Papas Fritas. Francisco Tapia, known as Francisco "Papas Fritas," or French fries, says he burned $500 million worth of debt papers from the private Universidad del Mar.
Chilean authorities are in the process of shutting down the university over financial irregularities. But that has not stopped the school from collecting on its student loans. During a recent student takeover of the school, Papas Fritas says he took the debt paper records, burned them and displayed the ashes inside a van as an art exhibition. "It is a concrete fact that the papers were burned. They are gone, burned completely, and there’s no debt," said Papas Fritas in his first U.S. broadcast interview. "Since these papers don’t exist anymore, there’s no way to charge the students."