No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveQuintavalle Released For Health Reasons

Quintavalle Released For Health Reasons

An Italian millionaire suspected of defrauding investors is on the loose once more after a judge ordered him set free for medical reasons.

Matteo Quintavalle, who had been in preventive custody since mid-July, was ordered released due to concerns about his health. Only a week earlier, Quintavalle had been returned to prison after an operation at the ClínicaBíblicaHospital in San José.

Judicial Branch spokesman Fabián Barrantes said the government is not keeping track of Quintavalle’s whereabouts. In July, Quintavalle was the subject of a nationwide manhunt after a judge issued a warrant for his arrest (TT, July 13).

Though there was speculation in the media that he would try to flee the country, he eventually turned himself in and said he had been staying in the western San José suburb of Escazú (TT, July 20).

Quintavalle stands accused by 17 U.S. businessmen of defrauding them of millions of dollars involving the sale of hotels in Quepos, a port town on the central Pacific coast.

He came to the local media’s attention when he attempted to purchase one of the country’s principal soccer teams, and when that failed to hire away individual players.

 

Trending Now

Panama Raids Former Canal Ports Operator Offices in Corruption Probe

Panamanian authorities raided offices of Panama Ports Company, the former operator of two key canal terminals, as part of an anti-corruption investigation into alleged...

One-Lane Travel Returns to Costa Rica’s Tárcoles Bridge

Drivers heading along Route 34 should prepare for delays starting Monday, as traffic on the bridge over the Tárcoles River shifts back to one...

Costa Rica Coffee Braces for Lower Payments and Possible Losses

Costa Rica coffee producers need to prepare for a difficult period in 2026. The Coffee Institute of Costa Rica (ICAFE) issued the warning as...

US Authorizes Oil and Gas Sales to Cuba Under Strict Conditions

The United States is authorizing the sale of oil and gas to Cuba, provided companies ensure the fuel will go to citizens and businesses...

Harvard’s Robert Waldinger Brings the World’s Longest Happiness Study to Costa Rica, Hosted by the UN-Founded University for Peace

One of the world’s leading experts on happiness and wellbeing is coming to Costa Rica, and time is running out to be part of...

FIFA’s Infantino “Very Reassured” on Mexico World Cup Security

FIFA boss Gianni Infantino said on Tuesday he was "very reassured" about Mexico's hosting of games in the football World Cup, in his first...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica