• Costa Rica Coffee Guide

Minor Vargas pleads not guilty in U.S. federal court

February 10, 2011

Two Costa Rican men accused of defrauding clients and investors in a $670 million insurance industry scam pleaded not guilty to seven charges in U.S. federal court Wednesday, according to The Associated Press.

Minor Vargas and Jorge Luis Castillo were arraigned on conspiracy, wire fraud and mail fraud charges. Both men plead not guilty and requested a jury trial. A judge set a tentative trial date for Apr. 12, although that date is likely to be extended because of the complexity of the case.

Minor Vargas, the president and CEO of Costa Rican-based Provident Capital Indemnity (PCI), and auditor Castillo were are charged with misleading investors on life insurance policies. FBI investigators were seen in Costa Rica this week gathering evidence.

You may be interested

WestJet flights to Costa Rica remain suspended until June
Costa Rica
2796 views
Costa Rica
2796 views

WestJet flights to Costa Rica remain suspended until June

Alejandro Zúñiga - April 14, 2021

Canadian airline WestJet announced Tuesday that all "sun flights" to destinations in Mexico and the Caribbean will remain suspended until…

Navas, PSG eliminate reigning winners Bayern from Champions League
Soccer
7 views
Soccer
7 views

Navas, PSG eliminate reigning winners Bayern from Champions League

The Tico Times - April 13, 2021

Keylor Navas and PSG lost to Bayern Munich, 1-0, but advanced in the UEFA Champions League on aggregate over Bayern…

Costa Rica coronavirus data for Tuesday, April 13
Costa Rica
30 views
Costa Rica
30 views

Costa Rica coronavirus data for Tuesday, April 13

The Tico Times - April 13, 2021

Costa Rica registered 891 new cases of Covid-19 on Saturday, April 10; 482 on Sunday, April 11; 469 on Monday,…