No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveShyster Robert Vesco Dies Ignominiously

Shyster Robert Vesco Dies Ignominiously

Fugitive financier Robert Vesco, who fled the United States to Costa Rica in 1972 to create an illicit international financial paradise here, may have died in Cuba in November, The New York Times reported Saturday – but nobody except for unidentified “people close to him” seems to know about it.

U.S. and Cuban officials told the daily they were unaware of Vesco’s death. However, friends of Vesco – who wouldn’t give their names to avoid trouble with the Cuban authorities – said he died of lung cancer on Nov. 23.

Following the Times article, an Associated Press report emerged saying the newswire viewed a burial record from Havana’s Colón Cemetery showing a man with the same name and birthdate, Dec. 4, 1935, and confirmed both the disease and date of death, adding he was buried the next day, Nov. 24 – just two weeks before his 72nd birthday.

Vesco, who eluded U.S. justice most of his life after looting Investors Overseas Services of $224 million and making an illegal contribution to Richard Nixon’s 1972 presidential campaign, among other crimes, was welcomed by José “Pepe” Figueres, then-president of Costa Rica, to create his imagined “financial district” here to serve as a refuge for international funds.

Figueres shrugged off criticism saying Costa Rica needed investments and shouldn’t question their source. But Ticos repeatedly called for Vesco’s ouster.

In 1974, The Tico Times published an exclusive interview with Vesco, which revealed him as articulate, wily, cocky and wryly humorous (TT, April 26, 1974).

Vesco’s former pilot, Al “Ike” Eisenhauer, who wrote a book about his adventures with the fugitive called “The Flying Carpetbagger,” told The Tico Times, “I love that guy. He’s the perfect bullshit artist – a genius.”

Eventually heading for a new haven in Cuba, the tall, mustached white-collar bandit popped into the news again 10 years ago when he was sentenced to prison in Cuba for a financial scheme.

Some who knew Vesco are skeptical of his death, saying he may have pulled off another wily performance: a vanishing act.

 

Trending Now

Costa Rica Faces Strong Winds, Saharan Dust and Heat

Strong trade winds, Saharan dust and unusually hot conditions will affect several parts of Costa Rica today, with gusts potentially reaching 95 km/h (59...

João Fonseca Builds Momentum Ahead of Cincinnati Open With Montreal Run

João Fonseca is beginning to find his form at exactly the right time. The 19-year-old Brazilian defeated former world No. 2 Casper Ruud 7-6(6),...

Costa Rica Studies Monorail or Tram for Main Airport

Costa Rican transportation officials are looking for European funding to study a public transit connection between Juan Santamaría International Airport and the planned electric...

Colombia Quake Death Toll Passes 200 as Rescue Efforts Intensify

The death toll from the powerful earthquake that struck western Colombia yesterday has climbed above 200 as rescue crews continue searching collapsed buildings and...

Why Daniel Ortega Is Moving to Eliminate Nicaragua’s Opposition

"They will have no choice but to bark," Nicaraguan President Daniel Ortega shot back in response to the wave of international condemnation sparked by...

What You Actually Owe at Costa Rica’s Land Borders

Costa Rica charges one land exit fee — $8 per person. Here's how to pay it online, what a legitimate receipt looks like, and what to do if asked for more.

Costa Rica’s “Pecho de Rata” Weighs Possible U.S. Plea Deal

Edwin Danney López Vega, the Costa Rican alleged drug trafficker known as “Pecho de Rata,” could avoid a full jury trial in the United...

Gota a Gota Loans in Costa Rica — Warning Signs

If someone offers you cash the same day with no paperwork, no credit check and no questions about your income, understand what you are...

Costa Rica Free-Zone Growth Slows to Weakest Pace Since 2020

Growth in Costa Rica’s free-zone economy slowed sharply in June, falling to its weakest pace since 2020 and extending a year-long deceleration in one...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel