Compsa multiguttata is a species of beetle in the family Cerambycidae. It was described by Melzer in 1935.Bezark, Larry G. A Photographic Catalog of the Cerambycidae of the World . Retrieved on 22 May 2012. It is found in Brazil (Goiás, Mato Grosso, Maranhão, Pernambuco, Bahia, Minas Gerais, Espírito Santo, Rio de Janeiro, São Paulo, Paraná, Santa Catarina, Rio Grande do Sul), Bolivia (Santa Cruz), Paraguay and Argentina (Salta, Tucumán, Chaco, Misiones, Corrientes).
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